Monday, May 31, 1999
IFCI strategy to improve bottomline
The Industrial Finance Corporation of India will focus on sector specific lending, venturing into new areas with emphasis on asset liability management as part of its strategy to improve its sagging bottomline.
Bajaj Auto, LML sales fall in April
The two-wheeler market leader Bajaj Auto Ltd started first month of the current fiscal with a negative sales growth while other leading players witnessed impressive sales performance in the two-wheelers segment.
Syndicate Bank net profit up 73%
The Manipal-based Syndicate Bank has posted 73% jump in its net profit to Rs 142.58 crore for the fiscal year 1998-99. The bank's operating profit for the period has surged by 37.42% to Rs 186.06 crore.
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