Monday, November 8, 2010

SBI Q2 net up marginally, lags

SBI Q2 net up marginally, lags


SBI Q2 net up marginally, lags

Posted: 08 Nov 2010 12:38 PM PST

Weighed down by higher provisions and lower treasury income, State Bank of India, the largest bank in India, on Monday reported a net profit of Rs 2,501 crore for the quarter ended September 2010, marginally higher than Rs 2,490 crore it had reported during the corresponding quarter of 2009.

FII inflow crosses $100 billion

Posted: 08 Nov 2010 12:41 PM PST

The cumulative net foreign fund inflow into the market since investors from abroad were allowed to invest in Indian stocks in 1992 crossed the $100 billion mark on Monday.

'Bankers shun Vedanta on Cairn deal'

Posted: 08 Nov 2010 01:20 PM PST

London-listed Vedanta Resources, controlled by NRI metals tycoon Anil Agarwal, appears to be facing a tough time raising funds.

Gold, silver surge to all-time high

Posted: 08 Nov 2010 01:27 AM PST

Gold and silver zoomed to all-time highs in Delhi on brisk buying by stockists and jewellers for the upcoming marriage season amid firm global cues.

Sensex halts 3-day rally; ends below 21K level

Posted: 08 Nov 2010 03:44 AM PST

Snapping three days of gains, the BSE benchmark Sensex on Monday shed over 152 points to close below the psychological 21,000-mark, amid profit booking and weak banking.

RBI worried over rising bad loans

Posted: 08 Nov 2010 09:09 AM PST

The Reserve Bank has expressed concern over rising bad loans within the banking system, even as its capital adequacy ratios remain robust.

Rupee declines by 11 paise against dollar

Posted: 07 Nov 2010 09:04 PM PST

The Indian rupee declined by 11 paise to 44.32 against the US dollar in early trade at the forex market today, with the American currency overcoming recent weakness to post gains against other major currencies.

Indian innovation in farm sector impresses Obama

Posted: 07 Nov 2010 11:00 AM PST

Impressed with Indian innovation in the agriculture sector, US President Barack Obama on Sunday asked entrepreneurs to take their "remarkable" work around the world.

'Bankers shun Vedanta on Cairn deal'

Posted: 08 Nov 2010 01:20 PM PST

London-listed Vedanta Resources, controlled by NRI metals tycoon Anil Agarwal, appears to be facing a tough time raising funds.

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