The RBI on Thursday mopped up Rs 4,956 crore through a four-day fixed-rate repos in government of India dated securities for parties holding SGL and current accounts. The central bank received nine applications and accepted all of them. The interest rate for the repos was pegged at 6 per cent.

SBI appointments:

DP Roy has taken charge as the State Bank of India's deputy managing director, international banking. Prior to this he was the SBI's chief executive, New York operations. In another development, SBI chief general manager R Ramesh has been appointed Discount Finance House of India managing director.

Weizmann Homes PAT up to Rs 1.98 crore:

Weizmann Homes has recorded a total income of Rs 5.3 crore in 1997-98, as against Rs 3.7 crore last year. Its profit after tax has risen to Rs 1.98 crore as against Rs 1.78 crore last year. It has registered individual loan sanctions of Rs 16.47 as against Rs 10.48 crore last year. Disbursementsstood at Rs 15.02 crore, as against Rs 8 crore last year. The board of directors has recommended a dividend of 16 per cent.

Three-day fixed-rate repos today:

The RBI has announced a three-day fixed-rate repos in government of India dated securities on May 29. The interest rate for the repos is pegged at 6 per cent. Payment by application will be on May 29 and repurchase by the RBI on June 1.

`Widen tax net to card-holders':

The Institute of Chartered Accountants of India has suggested the government should seek details from the credit card-issuing banks and other institutions about persons possessing credit cards exceeding a credit limit of Rs 50,000 to bring them under the tax net. ICAI president Rahul Roy said on Wednesday that this does not mean that all those who have a credit limit of over Rs 50,000 will be assessees. "But the details can help the government track down some of the probable assessees," he said.