
	
A proposal by Axis bank to increase the number of employee stock options (Esop) in line with the increase in its capital following its Rs 6,000 crore qualified institutional placement has hit a shareholder roadblock.

Axis Bank post-issue Esop hike in limbo

Business Standard

The rupee, among the worst performing currencies (vs dollar) among emerging markets having a current account deficit in 2012-13 has fared better in the current financial year. According to RBI, the rupee&rsquo;s performance was boosted by various reform measures, including liberalised FDI limits for certain sectors, announcement of a fiscal consolidation path and enhanced global investor confidence in the economy.

Rupee: On a stronger footing

ING Vysya Bank on Monday said its net profit for the quarter ended December 31, 2012, increased by 36 per cent from a year ago to Rs 162 crore.

ING Vysya Bank Q3 net profit rises 36% to Rs 162 cr

Aided by a healthy loan growth of 17 per cent, State Bank of Travancore (SBT), an associate bank of State Bank of India (SBI), posted a 31 per cent growth in net profit at Rs 132 crore in the December quarter.

SBT net up 31% on loan growth

Bangalore-based public sector lender State Bank of Mysore (SBM) has reported a close to 40 per cent rise in net profit at Rs 155 crore for the third quarter ended December 31, 2012 compared to Rs 111 crore in the same period last year.

SBM reports 40% increase in Q3 net profit at Rs 155 cr

Axis Bank, India&rsquo;s third largest private sector lender, has launched its $1-billion share issue last evening. The issue was priced at Rs 1,390 a share. The issue involved selling of 39.90 million shares to institutional investors and promoters, said sources familiar with the development.

Axis Bank opens $1-bn share issue

The spot rupee opened weak against the dollar as the greenback gained strength in the overseas market. The rupee was quoted at 43.7450/7550 per dollar against the Wednesday's close of 43.72 per dollar

Re opens weak at 43.7550/$

With dollar gaining globally, the spot rupee slipped to a low of 43.82 per dollar after a steady opening at 43.74 per dollar. It finally closed at 43.80 per dollar. Forward premiums continued

Re slips to 43.80/$; gilts rally

IDBI Bank today reported a 54% increase in net profit at Rs 55.83 crore for the quarter ended December 31, 2004 as against Rs 36.27 crore in Q3FY04. According to a release issued to the BSE

IDBI Bank Q3 net up 54%

The board of IDBI Bank has approved the merger with IDBI. According to a release issued to the BSE today, IDBI will issue 100 equity shares for 142 equity shares held by the shareholders in the

IDBI, Bank merger at 100:142

Tribunal shoots down almost all orders of regulator. 


Sebi orders fail to pass SAT hurdle

This was the closing price of its existing ADS on the (NYSE) on Thursday. 


HDFC Bank ADS at $39.26

Corporation Bank has posted a 43% rise in net profit to Rs 161.69 crore for the third quarter ended December 31, 2004 as compared to Rs 113.28 crore for the quarter ended December 31, 2003.

Corporation Bank Q3 net up 43%

Bank of India (BOI) has posted a 67% fall in net profit to Rs 75.03 crore for the third quarter ended December 31, 2004 as against Rs 228.54 crore in the same period last fiscal. According to

Bank of India Q3 net slides 67%

Foreign exchange reserves increased $266 million to $129.378 billion for the week ended January 14, 2005, according to the weekly supplement released by the RBI on Saturday. Foreign currency

Forex reserves up $266mn at $129.38bn

Here is a bit of good news for the savers. The government is planning to take a closer look into the real interest rate (that is nominal interest rate minus the inflation rate) structure across

Real interest rate may be revised upwards

Corporation Bank, the Mangalore-based public sector bank, has posted a net profit of Rs 161.69 crore for the three months to December 2004, up 42.73 per cent year-on-year. Total income for the quarter

Corporation Bank net up 43%

Having made a transfer of government securities to protect itself from further interest rate volatility, Union Bank of India posted a 60.63 per cent drop in net profit to Rs 59.07 crore for the third

Union Bank net dips 61% to Rs 59.07 cr

Following cooling of the global oil prices last week, the spot rupee opened higher in the early trades and was quoted at 43.7250/73 per dollar against the last close of 43.81 per dollar.

Re opens firm at 43.73/$

Canara Bank has posted a 26% dip in net profit to Rs 273.98 crore for the third quarter ended December 31, 2004 as compared to Rs 372.69 crore in the same period last year. According to a

Canara Bank Q3 bottomline falls 26%

Indian Overseas Bank has reported a 13.52% rise in net profit to Rs 161.21 crore for the third quarter ended December 31, 2004 as compared to Rs 142.01 crore for the quarter ended December 31, 2003.

Indian Overseas Bank Q3 net up 13.52%

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