After Union Bank of India reported a 15 percent year-on-year rise in its third quarter net profit helped by a sharp fall in provisions, CMD Arun Tiwari is confident that the bank will continue to perform better quarter after quarter. Addressing the media during the press conference to announce the Banks Q3FY14 Results, Tiwari said […]
Union Bank of India rose 1.98% to Rs 105.80 at 14:01 ISTon BSE after net profit rose 15.39% to Rs 348.94 crore on 18.26% increase in total income to Rs 8230.17 crore in Q3 December 2013 over Q3 December 2012. The result was announced during trading hours today, 31 January 2014. Meanwhile, the BSE Sensex […]
Mumbai: IDBI Bank was awarded the 3rd Annual Greentech CSR Award – 2013, which was received by Shri B.K. Batra, DMD at a glittering function held in Chandigarh on January 29, 2014. The awards were presented by Shri Bhaskar Chatterjee, Director General and Chief Executive Officer, Indian Institute of Corporate Affairs, Ministry of Corporate Affairs, […]
The benchmark BSE Sensex recovered by almost 55 points in early trade on Friday on the back of gains in the stocks of realty, metal, capital goods, banking and oil and gas sectors amid a mixed trend in other Asian markets. The 30-share barometer, which has lost 875.41 points in the past five sessions, rose […]
Acting tough, aviation regulator DGCA on Thursday took penal action against three airlines by taking away six landing slots at the Delhi airport for not using pilots trained to land in foggy conditions and not equipping aircraft with mandatory devices to negate the effect of fog, resulting in diversion of flights. The six slots -two […]
Mumbai : State Bank of India (the “Bank”), India’s largest bank, today announced that it has priced its Qualified Institutions Placement (“QIP”) of 51,320,436 equity shares of face value Rs. 10 (“Equity Shares”) at Rs. 1,565 per Equity Share. The gross issue size, upon allotment of Equity Shares will be Rs. 8,032 crores. This is […]
Bank of India has received First Runner up award in the category of “Best Financial Inclusion Initiative among Public Sector Banks” in IBA Banking Technology Awards 2012-13. at function held on 27th Jan 2013. The award on behalf of Bank was received by Deputy General Manager Sh Deepak Bhayana, In charge Information & Technology, Deputy […]
Mumbai : Bank of India posted a growth of 8.98% in Net Profit for the 9 months ended 30th December 2013 amounting to Rs. 2,172 crore for the 9 months ended 31st December 2013 from Rs. 1,993 crore for the 9 months ended 31st December 2012. For the 9 months ended 31st December 2013, Operating […]
The Sensex on Thursday slipped 149 points to a two-month low on fears of capital outflows from emerging markets after the US Federal Reserve further cut its stimulus, extending the decline from a record close for the fifth day. Selling due to expiry of monthly equity derivatives amid a weak global trend also affected the […]
Chandigarh : If there is one collective concern of the world, it is Environment. What can and should Banking, Financial Services and Insurance (BFSI) sector do and what can each person in BFSI sector do individually and collectively to address this issue. How can Banks be not proactive to such a concerns, asked Kamleshwar Sharan, […]
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1. Alumil India Introduces Barcode Cladding For Modern Architectural Aesthetics
2. Dubai’s Famous Catch Seafood Grill Launches New Abu Dhabi Branch
3. Unlocking Depth in Design: 5 Ways RAUVISIO Crystal Deep Collection Transforms Your Space