interest margin

UCO Bank Q1 net profit jumps 24 percent


August 4th, 2012 - 10:41 pm ICT by IANS
Kolkata, Aug 4 (IANS) Public sector lender UCO Bank Saturday reported a jump of almost 24 percent in net profit for the quarter ended June 30, 2012 at Rs.3.62 billion ... Read more...

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Allahabad Bank Q1 net profit jumps 23 percent


July 30th, 2012 - 6:01 pm ICT by IANS
Kolkata, July 30 (IANS) State-run Allahabad Bank Monday reported a 23 percent jump in net profit at Rs.5.14 billion in the quarter ended June 2012 from Rs 4.18 billion in ... Read more...

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‘Delayed monsoon to affect credit offtake in farm sector’


July 9th, 2012 - 6:28 pm ICT by IANS
Kolkata, July 9 (IANS) The delayed monsoon in the country will hit the banking sector as it is set to affect credit offtake in the farm sector, a top official ... Read more...

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SBI plans $1 bn debt bond issue


May 28th, 2012 - 11:24 pm ICT by IANS
Bangalore, May 28 (IANS) India's largest state-run bank, State Bank of India (SBI), plans to float a $1-billion (Rs.5,500 crore) debt bond issue by August to raise funds from ... Read more...

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City Union Bank targets 20-30 percent growth


May 18th, 2012 - 6:05 pm ICT by IANS
Chennai, May 18 (IANS) Privately-owned City Union Bank hopes to log a growth of 20-30 percent this fiscal despite the economic outlook not being encouraging while the net interest ... Read more...

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Allahabad Bank reports 55 percent rise in Q4 net profit


May 5th, 2012 - 10:47 pm ICT by IANS
Kolkata, May 5 (IANS) Backed by healthy growth in its core business, public sector lender Allahabad Bank Saturday reported a 55.36 percent growth in its net profit for the quarter ... Read more...

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UCO Bank might get capital infusion of Rs.2 billion


February 1st, 2012 - 11:54 pm ICT by IANS
Kolkata, Feb 1 (IANS) City-based UCO Bank Wednesday said it might get capital infusion of Rs.2 billion-odd from the central government for this financial year."We might get some capital from ... Read more...

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UCO Bank’s Q3 net jumps 10 percent (Second Lead)


February 1st, 2012 - 9:04 pm ICT by IANS
Kolkata, Feb 2 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...

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United Bank of India’s Q3 net up by 38.5 percent


January 31st, 2012 - 9:12 pm ICT by IANS
Kolkata, Jan 31 (IANS) Public sector lender United Bank of India Tuesday reported a 38.5 percent jump in its net profit in the quarter ended Dec 31, 2011 to Rs.2.26 ... Read more...

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City Union Bank to come out with rights issue


January 31st, 2012 - 7:46 pm ICT by IANS
Chennai, Jan 31 (IANS) Private sector City Union Bank has initiated the process of coming out with a rights issue in six months' time to beef up its net worth, ... Read more...

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Allahabad Bank not yet looking at interest rates cut: Official


January 30th, 2012 - 11:34 pm ICT by IANS
Kolkata, Jan 30 (IANS) Kolkata-based Allahabad Bank Monday said it is not yet looking at slashing interest rates."I do not think the time has come as yet (to reduce interest ... Read more...

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UAE most competitive banking market in Gulf


January 14th, 2012 - 1:47 pm ICT by IANS
Abu Dhabi, Jan 14 (IANS/WAM) The United Arab Emirates (UAE) remains the most competitive banking market in the Gulf region, a report by the Abu Dhabi Islamic Bank (ADIB) has ... Read more...

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HDFC quarterly net profit rises 10 percent


January 12th, 2012 - 6:38 pm ICT by IANS
Mumbai, Jan 12 (IANS) India's largest home loan company Housing Development Finance Corporation (HDFC) Thursday reported a 10.1 percent jump in net profit at Rs.981.25 crore for the quarter ended ... Read more...

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UCO Bank’s net up by 94.12 percent in Q2


October 31st, 2011 - 9:15 pm ICT by IANS
Kolkata, Oct 31 (IANS) Public sector lender UCO Bank Monday declared that it has posted a net profit of Rs.231 crore for the quarter ending Sep 30, against Rs.119 crore ... Read more...

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United Bank’s net up by 13.7 percent in Q2


October 31st, 2011 - 7:03 pm ICT by IANS
Kolkata, Oct 31 (IANS) The public sector United Bank of India Monday announced that its net profit rose to Rs.124.77 crore during the second quarter ended Sep 30 -- a ... Read more...

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HDFC Bank net profit up 31.48 percent


October 19th, 2011 - 5:50 pm ICT by IANS
Mumbai, Oct 19 (IANS) The country's second largest private lender, HDFC Bank, Wednesday reported a 31.48 percent increase in net profit at Rs.1,199.35 crore in the second quarter ended Sep ... Read more...

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HDFC quarterly net profit up 20 percent


October 17th, 2011 - 4:29 pm ICT by IANS
Mumbai, Oct 17 (IANS) India's largest home lender, Housing Development Finance Corp (HDFC), Monday reported a 20.2 percent rise in net profit for the quarter ended Sep 30 at Rs.970.7 ... Read more...

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City Union Bank to expand reach


July 30th, 2011 - 12:04 am ICT by IANS
Chennai, July 29 (IANS) The private City Union Bank (CUB) will be expanding its retail reach by setting up more branches and ATMs this fiscal, said the bank's managing director ... Read more...

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UCO Bank Q1 net profit up 12.42 percent


July 27th, 2011 - 9:47 pm ICT by IANS
Kolkata, July 27 (IANS) Public sector UCO Bank Wednesday reported a 12.42 percent year-on-year growth in its net profit for April-June 2011, which stood at Rs.292 crore.Total business of the ... Read more...

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Allahabad Bank profit up by 20.45 percent


July 22nd, 2011 - 10:53 pm ICT by IANS
Kolkata, July 22 (IANS) State-run Allahabad Bank has registered a growth of 20.45 percent in profits posting a net profit of Rs.418 crore for the quarter ending June 30, a ... Read more...

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HDFC Bank net profit rises 34 percent in first quarter


July 19th, 2011 - 4:36 pm ICT by IANS
Mumbai, July 19 (IANS) The country's second largest private lender, HDFC Bank Tuesday reported almost a 34 percent increase in net profit at Rs.1,085 crore in the first quarter ended ... Read more...

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PNB to finalise life insurance joint venture


July 7th, 2011 - 12:27 am ICT by IANS
Chennai, July 6 (IANS) Public sector Punjab National Bank (PNB) is likely to firm up its life insurance foray by this September, said a top official here Wednesday."We are ... Read more...

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Allahabad Bank eyes business growth of 24 percent (Lead)


June 10th, 2011 - 5:22 pm ICT by IANS
Kolkata, June 10 (IANS) The state-run Allahabad Bank has targeted a business growth of 24 percent during the current 2011-12 financial year, a top bank official said here Friday.The ... Read more...

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PFC plans picking up stake in power firms


May 9th, 2011 - 9:27 pm ICT by IANS
Chennai, May 9 (IANS) After funding power projects, Power Finance Corp (PFC) is now keen on taking equity participation in power companies and funding coal mines, an official said Monday."We ... Read more...

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Canara Bank net up 79 percent in fourth quarter


May 5th, 2011 - 7:12 pm ICT by IANS
Bangalore, May 5 (IANS) Leading state-run Canara Bank posted net profit of Rs.899 crore for the fourth quarter (January-March) of fiscal 2010-11, registering a whopping 79 percent year-on-year (YoY) growth.For ... Read more...

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Allahabad Bank’s Q4 net profit up by 14.74 percent


May 2nd, 2011 - 7:33 pm ICT by IANS
Kolkata, May 2 (IANS) Public Sector Allahabad Bank Monday announced that its net profit increased to Rs.258 crore for the quarter ended March 2011 as against Rs.225 crore in the ... Read more...

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UCO Bank’s net profit dips 40.2 percent in Q4


April 29th, 2011 - 9:59 pm ICT by IANS
Kolkata, April 29 (IANS) Public sector UCO Bank Friday posted a net profit of Rs.227 crore during the quarter ending March 31, 2011, against Rs.380 crore for the corresponding ... Read more...

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Axis Bank profit soars 33 percent in Q4


April 22nd, 2011 - 7:46 pm ICT by IANS
Mumbai, April 22 (IANS) Axis Bank, India's third largest private sector lender, said Friday its net profit soared 33 percent to Rs.1,020 crore in the fourth quarter of 2010-11 on ... Read more...

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Canara Bank net up five percent in third quarter


January 31st, 2011 - 7:04 pm ICT by IANS
Bangalore, Jan 31 (IANS) Leading state-run Canara Bank Monday reported net profit of Rs.1,106 crore for the third quarter of the current fiscal (2010-11), registering a marginal five percent increase year-on-year (YoY) ... Read more...

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Vijaya Bank net profit up 22 percent


January 24th, 2011 - 9:41 pm ICT by IANS
Bangalore, Jan 24 (IANS) State-run Vijaya Bank Monday reported Rs.152 crore net profit for the third quarter (Oct-Dec) of this fiscal (2010-11), registering 22 percent year-on-year (YoY) growth. "Continuing our growth trend, ... Read more...

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State Bank of India hikes deposit rates up to 150 basis points


December 6th, 2010 - 7:44 pm ICT by IANS
Mumbai, Dec 6 (IANS) India's largest lender, the government-run State Bank of India (SBI) Monday hiked its deposit rates by up to 150 basis points, in a move that should encourage ... Read more...

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Lower lending rates, hike deposit rates, banks told


December 3rd, 2010 - 5:16 pm ICT by IANS
Mumbai, Dec 3 (IANS) Banks need to increase their deposit rates and bring down their lending rates, Reserve Bank of India Governor Duvvuri Subbarao said here Friday."Banks need to raise the interest ... Read more...

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United Bank of India Q2 net profit up 30.9 percent


October 25th, 2010 - 8:06 pm ICT by IANS
Kolkata, Oct 25 (IANS) Public sector bank United Bank of India (UBI) posted a net profit of Rs.109.74 crore for the second quarter (July-September) of the current fiscal (2010-11), which is up ... Read more...

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L&T Infra to increase exposure to non power core sectors


October 20th, 2010 - 8:22 pm ICT by IANS
Chennai, Oct 20 (IANS) Larsen and Toubro Infrastructure Finance Company (L&T Infra) will increase its exposure to non-power sector, a top company official said Wednesday."Currently, the distribution of loans to power sector ... Read more...

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Magma Fincorp Q2 profit up 67 percent


October 12th, 2010 - 9:37 pm ICT by IANS
Kolkata, Oct 12 (IANS) Non-banking finance company Magma Fincorp clocked a profit after tax (PAT) of Rs.26.36 crore in the second quarter (July-September) of 2010-11 compared to Rs.15.75 crore during the ... Read more...

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