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Popular Articles

Margin funding revives on the back of IPO market action
The revival of the initial public offer (IPO) market has prompted brokerages to re-start margin funding, a process by which they finance high net worth clients to subscribe to new issues.

HDFC targets 20% loan disbursal growth
Mortgage major Housing Development Finance Corp (HDFC) aimed to grow loan approvals as well as disbursements by at least 20 per cent in the current financial year, Joint Managing Director Renu Sud Karnad said today. HDFC has already seen a rise in new home loan applications, she said.

News of the day

GCPL: Well done
A better reach in rural markets has helped both the soaps and hair colours businesses.
Online Business

Dena Bank Q4 net profit at Rs 111 cr, declares 12% dividend

Public sector lender Dena Bank today said it has reported a marginal growth in net profit at Rs 111.17 crore for the fourth quarter ended March 31, 2009. The bank had a net profit of Rs 110.99 crore in the March quarter of FY"08, Dena Bank said in a filing to the Bombay Stock Exchange. Shares of Dena Bank were trading at Rs 36.80, down 1.21% in afternoon trade on the BSE.


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