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Punjab National Bank profit rises 13.8% in Sep quarter
Tue, Oct 21 2014. 11 52 PM

Punjab National Bank profit rises 13.8% in Sep quarter

Net profit rose to Rs575 crore in the quarter from Rs505 crore in the year-ago period
Cyclone Hudhud to cost insurers up to $400 million
Tue, Oct 21 2014. 09 44 PM

Cyclone Hudhud to cost insurers up to $400 million

The storm damaged transportation infrastructure, power supply systems and more than 40,000 homes
South Indian Bank Q2 net profit down 40% at Rs76 crore
Tue, Oct 21 2014. 09 11 PM

South Indian Bank Q2 net profit down 40% at Rs76 crore

Bank’s total income increases to Rs.1,405.95 crore in September quarter, up from Rs.1,306.73 crore year ago
ECB said looking at corporate bond buys
Tue, Oct 21 2014. 05 40 PM

ECB said looking at corporate bond buys

ECB’s Governing Council could discuss the possibility of making such purchases at its December meeting
Yes Bank raises Rs2,583 crore from 21 banks
Tue, Oct 21 2014. 01 04 AM

Yes Bank raises Rs2,583 crore from 21 banks

The bank raised $288 million and €103.5 million through the dual currency facility, it said in a statement
Andhra Bank targets Rs3 trillion business by March 2015
Mon, Oct 20 2014. 12 48 AM

Andhra Bank targets Rs3 trillion business by March 2015

The bank presently has a business volume of Rs2.66 trillion
Canara Bank to raise up to Rs85 crore through share sale
Sun, Oct 19 2014. 10 05 PM

Canara Bank to raise up to Rs85 crore through share sale

The bank got approval from the government to raise up to Rs80 crore with an option to raise an additional Rs5 crore
Axis Bank Q2 profit rises by 18.2%
Sat, Oct 18 2014. 12 42 AM

Axis Bank Q2 profit rises by 18.2%

A 20% jump in net interest income propels profit to Rs1,610.71 cr; net interest margin at 3.97% beats 3.88% in Q1
Public sector banks eye sale of family gold to raise cash
Fri, Oct 17 2014. 08 46 AM

Public sector banks eye sale of family gold to raise cash

State-owned banks could within months begin the sale of billions of dollars of unwanted assets to help raise cash
Goldman profit tops estimates on lower compensation ratio
Fri, Oct 17 2014. 01 19 AM

Goldman profit tops estimates on lower compensation ratio

Goldman’s net income rises 48% to $2.24 billion, or $4.57 a share, from $1.52 billion as profit topped an estimate of $3.21
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