Dena Bank H1 net leaps 35% to Rs 62 crore
Dena Bank has clocked a 35% growth in its net profit for April-September 1997 at Rs 61.72 crore. The bank had posted a net profit of Rs 45.51 crore in the corresponding period of the previous year. Despite over Rs 100 crore worth of recovery of bad loans, the bank's net non-performing assets (NPA) has, however, gone up marginally during this period.
|
Hero Honda to unveil 160cc four-stroke bike next year
Hero Honda Motors plans to launch a 160 cc four stroke bike priced around Rs 50,000 next year. This is the first four stroke bike which will be launched in this segment. The company has proposed an investment of Rs 100 crore in 1998-99.
|