
Sunday, June 27, 1999
ICICI plans to come out with GDR issue
Term lending firm ICICI Ltd has decided to issue global depository receipts (GDRs) some time later this year of about $ 400 million.

Cos take BIFR cover to avoid loan repayment
The best way for Indian corporates to avoid repayment of loans to financial institutions and banks seems to be the BIFR route.

Vysya Bank pays 35 pc dividend
The Vysya Bank has posted a net profit of Rs 30.54 crore during fiscal 1998-99. The bank's deposits during the period have gone up by Rs 762 crore to reach Rs 6,510 crore, a growth of 19.29%.

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