net interest

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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United Bank Q1 net up by 31 percent


August 3rd, 2012 - 7:38 pm ICT by IANS
Kolkata, Aug 3 (IANS) State-run United Bank of India Friday reported a 31.28 percent jump in net profit to Rs.1.72 billion for the quarter ended June 30, 2012, from Rs.1.32 ... 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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Indian Bank posts 13 percent growth in net profit


July 23rd, 2012 - 11:38 pm ICT by IANS
Chennai, July 23 (IANS) A good system of recovering loans and increase in interest income enabled public sector Indian Bank to post around 13 percent growth in net profit for ... 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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Vijaya Bank net zooms 235 percent in Q4


April 30th, 2012 - 7:45 pm ICT by IANS
Bangalore, April 30 (IANS) State-run Vijaya Bank posted net profit of Rs.181 crore for the fourth quarter (January-March) of fiscal 2011-12, registering a whopping 235 percent jump from Rs.54 crore ... Read more...

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HDFC Bank Q4 profit up 30 percent


April 18th, 2012 - 3:40 pm ICT by IANS
Mumbai, April 18 (IANS) HDFC Bank, India's second-largest private lender, Wednesday reported a 30.4 percent increase in its net profit at Rs.1,453.1 crore for the quarter ended March 31, 2012, ... Read more...

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Chinese banks post record profits


February 19th, 2012 - 2:37 pm ICT by IANS
Beijing, Feb 19 (IANS) Chinese commercial banks have posted a record high net profit of 2.65 trillion yuan ($420.6 billion) in 2011, according to latest official data.Net profit in the ... 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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UCO Bank’s Q3 net jumps 10 percent (Lead)


February 1st, 2012 - 7:27 pm ICT by IANS
Kolkata, Feb 1 (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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UCO Bank’s Q3 net jumps 10 percent


February 1st, 2012 - 5:27 pm ICT by IANS
Kolkata, Feb 1 (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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Allahabad Bank’s Q3 net up by 34 percent


January 30th, 2012 - 9:57 pm ICT by IANS
Kolkata, Jan 30 (IANS) Public sector lender Allahabad Bank Monday reported a net profit of Rs.5.60 billion for the quarter ending Dec 31, 2011 against Rs.4.2 billion for the corresponding ... Read more...

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Indian Bank to convert Rs.400 crore preference shares to equity


January 30th, 2012 - 5:44 pm ICT by IANS
Chennai, Jan 30 (IANS) Public sector Indian Bank plans to convert Perpetual Non-Convertible Preference Shares (PNCPS) worth Rs.400 crore into equity at market rate soon even as it has the ... 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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Allahabad Bank’s net up 21.22 pc in Q2


November 2nd, 2011 - 5:57 pm ICT by IANS
Kolkata, Nov 2 (IANS) Public sector lender Allahabad Bank Wednesday said it has registered a net profit of Rs.488.01 crore for the second quarter ended Sep 30, 2011, as against ... 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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ICICI Bank Q1 profit up 30 percent


July 29th, 2011 - 5:43 pm ICT by IANS
Mumbai, July 29 (IANS) The country's second largest lender ICICI Bank said Friday its net profit rose by 30 percent to reach Rs.1,332 crore ($298 million) in the April-June period ... 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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Pranab to interact with SBI board on finances


July 14th, 2011 - 6:51 pm ICT by IANS
Kolkata, July 14 (IANS) Union Finance Minister Pranab Mukherjee will interact with the State Bank of India (SBI) board Aug 6 to understand what kind of financial support the ... 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...

Posted in Business |

Syndicate Bank quarterly net up 72 percent


May 12th, 2011 - 9:46 pm ICT by IANS
Bangalore, May 12 (IANS) State-run Syndicate Bank Thursday reported net profit of Rs.289 crore for the fourth quarter of fiscal 2010-11, registering a whopping 72 percent increase year-on-year (YoY) from ... Read more...

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