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  • Wednesday, April, 2024| Today's Market | Current Time: 05:19:49

    • Banking

    IDBI Bank to raise Rs 1,200-cr fresh capital through QIP

    State-run IDBI Bank on Saturday said it will raise up to Rs 1,200 crore through institutional placement of shares. The bank needs an additional Rs 3,000 this fiscal, of which Rs 1,800 crore will come from the government and the rest will have to be raised via qualified institutional placement (QIP) route, IDBI Bank Chairman […]

    Banking

    ICICI Bank opens a new branch at Mewar, Udaipur

    Udaipur: ICICI Bank Ltd, India’s largest private sector bank, today presented a complete new makeover of its old Mewar Industrial Area branch in Udaipur. The renovated branch was inaugurated by Mr. P. S. Talesara , Managing Director, Pyrotech Electronics Pvt Ltd Udaipur. Mr. C.P. Talesara , Managing Director, Pyrotech Control India Pvt Ltd and Mr. […]

    Banking

    SBI posts worst quarterly profit in 2 years; net plunges 35 pc

    State Bank of India has reported its worst quarterly profit in over two years with a sharp 35 percent drop in earnings at Rs 2,375 crore in the three months to September, hit hard by higher provisions for staff expenses, bad loans and investment depreciation. Standalone total income was Rs 37,199.92 crore as against Rs […]

    Banking

    ICICI Bank inaugurates two new branches at Contai and Egra in Purba Medinipore, West Bengal

    Purba Medinipore, West Bengal: ICICI Bank Ltd, India’s largest private sector bank, today inaugurated two new branches at Contai and Egra at Purba Medinipore, in West Bengal. Mr. Nagendra Nath Tripathi, IPS, Additional Superintendent of Police, Contai & Egra, inaugurated the Contai Branch. Mr. Swapan Kumar Nayek, Chairman, Egra Municipality, inaugurated the Egra Branch. These […]

    Banking

    Dhanlaxmi Bank plans to raise Rs 130 cr this quarter

    Thrissur: Private sector lender Dhanlaxmi Bank will raise Rs 130 crore this quarter as part of its efforts to intensify business growth, a senior official said. The bank, which had a target to mop up Rs 300 crore as Tier-I capital, has already raised Rs 170 crore during the first quarter of the current fiscal. […]

    Banking

    Dena Bank’s Total Income in Q2 FY14 rises 11.69% to Rs. 2,599.94 crore

    Mumbai : Dena Bank, India’s ‘Trusted Family Bank’, has announced that its Total Income for Q2 FY14 grew 11.69% to Rs. 2,599.94 crore. Total Business as on September 30, 2013, stood at Rs. 1,59,334  crore as compared to Rs. 1,42,958 cr as on September 30, 2012. Total   business   increased by Rs. 16,375 crore with a […]

    Banking

    IDBI Bank Contributes Rs. 1 Crore to the Chief Ministers Relief Fund Odisha

    Mumbai :   IDBI Bank, as part of its Corporate Social Responsibility initiatives, contributed Rs. 1 crore to the “Chief Minister’s Relief Fund – Odisha” towards immediate relief for the populace affected by the recent cyclone ‘Phailin’.  Shri M. S. Raghavan, CMD, IDBI Bank handed over the cheque to Hon’ble Chief Minister of Odisha, Shri Naveen […]

    Banking

    SBI raises lending rates by 0.20 per cent

    Home, auto and consumer loans are expected to become costlier with the country’s largest lender State Bank of India (SBI) raising its lending rates by 0.20 per cent with effect from Thursday. The bank has revised the base rate or the minimum lending rate to 10 per cent from 9.80 per cent, SBI said in […]

    Banking

    Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.11.2013

    The Bank now offers interest of   5.44 % for USD Deposit of  5 Years, 5.60 % for GBP Deposit of  5 Years, 5.09 % for EURO Deposit of  5 Years, 6.07 % for CANADIAN DOLLAR Deposit of  5 Years  & 7.71 % for  AUSTRALIAN  DOLLAR Deposit of  5 Years.   These rates are revised based […]

    Banking

    Central Bank of India opening its Representative Office In Hong Kong

    Central Bank of India, one of the leading public sector banks having the third largest network of branches in India is opening a Representative Office in Hong Kong on 1st November 2013.  Shri Rajeev Rishi, Chaiman & Managing Director,Central Bank of India will be inaugurating the Representative office of the Bank in the presence of […]

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