Mumbai: Public sector Indian Overseas Bank has reported over two-fold jump in net profit for the first quarter ended June 30, 2014 at Rs 271.72 crore. The city-based bank had reported net profits of Rs 125.79 crore in the corresponding period of the previous year. Total income for the first quarter ended June 30, 2014, […]
Surat: ICICI Bank Ltd, India’s largest private sector bank, organised Coin Exchange Melas at its Adajan branch in Surat on July 18, 2014, under the guidance of the Reserve Bank of India. The Bank organises Coin Exchange Melas to offer free facility of exchanging acceptable soiled and mutilated currency notes with coins to the general […]
PROFIT The Bank posted rich growth of 16.6% (y-o-y) in its Net Profit and took it to the level of Rs 1,361.88 crore in Q1, FY15 by cashing in on improved industrial and financial markets conditions. Even sequentially, its Net Profit registered a growth of 17.7%. The Bank’s Operating Profit growth too stayed in a […]
The bank has registered a rise of 16.61% in its net profit at Rs 1361.88 crore as compared to Rs 1167.87 crore for the quarter ended June 30, 2013. The bank’s total income has increased by 9% to Rs 11682.50 crore for the quarter under review from Rs 10717.49 crore for the corresponding quarter of […]
Mr. Vivek Gupta – Director ResearchCapital Via Global Research Limited Gold prices fell on Thursday after weekly jobless claims numbers beat expectations and stimulated investors out of safe-haven positions in Gold. Gold’s decline despite simmering tensions in the Middle East and Ukraine does not signal well for prices in the near term, especially at a […]
Mr. Vivek Gupta – Director Research CapitalVia Global Research Limited Equity market outlook The markets opened in green tracking positive global cues. In addition to that positive QI numbers posted by few big guns like energy major RIL, HDFC bank, Axis Bank etc contributed to the rise. Moreover, the advancement of monsoon rains has boosted […]
Recording the first drop in nine sessions, the benchmark Sensex on Friday ended 145 points lower at 26,126.75 after selling pressure emerged in bluechips as investors judged recent gains as excessive. The Sensex, which had gained 1,265 points in eight days in which it hit record highs in two straight days, climbed to hit yet […]
Mumbai : – YES BANK, India’s fourth largest private sector Bank, and TRANSFAST, a leading international money transfer company, today announced the launch of online money transfer services with instant deposits to customer accounts with any bank in India through innovative technology offered by YES BANK and running on the National Payments Corporation of India […]
The benchmark BSE Sensex slipped from record-high by falling over 25 points in early trade on Friday as investors booked profits. The 30-share barometer, which had gained 1,264.87 points in the past eight sessions, fell by 25.15 points, or 0.09 per cent, to 26,246.70 after scaling a new lifetime high of 26,300.17 for a […]
Mumbai: ICICI Bank Limited, India’s largest private sector bank, announced the launch of ‘ProCircle’, a special privilege program for the US-based users of its online money transfer tracking service Money2India (www.money2India.com). This program is designed to cater to the specialized needs of professionals transacting on the Money2India (M2I) platform. It offers its members smooth and […]
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