HDFC net spurts to Rs 54.91 crore in first quarter
Housing Development Finance Corporation has posted a net profit of Rs 54.91 crore in the first quarter of the current fiscal ended June 30, up from Rs 42.73 crore registered in the corresponding period last year.
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Public sector banks chalk out plans to protect home turf
Threatened by the Industrial Credit and Investment Corporation of India (ICICI) plan to bulldoze the short-term lending business through the introduction of a new prime rate for one year loans, public sector banks are drawing up plans for strategic alliances among them.
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