Sunday, October 10, 1999
Govt banks C-D ratio below average
The credit-deposit (C-D) ratio of public sector banks and regional rural banks (RRBs) worked out to much less than the all-India average of 54.1% as on June 25, 1999, according to a RBI report.
BFL Software profits plummet
BFL Software Ltd has registered a net profit of Rs 1.82 crore during the second quarter-ended September 1999, a 74.43% decline as compared to the corresponding period last year.
Ranbaxy plans open offer for Fine Drugs
Pharma major Ranbaxy Laboratories Ltd has planned an open offer to the shareholders of Hyderabad-based Fine Drugs and Chemicals Ltd to pick up 20% equity in the latter.
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