KOCHI: Having plunged into a deep financial crisis, the Kochi corporation has decided to approach banks for loan to carry out division works that have to be completed on a war-footing.

NEW DELHI: In April, the Department of Financial Services suggested a sweeping reorganisation of the Bank-Business Correspondent (BC) model.

It is mandatory for companies to announce the shareholding pattern at the end of every quarter. The buy or sell pattern of various classes of investors can have interesting implications.

Karnataka Vikas Grameena Bank, a Dharwad-based regional rural bank sponsored by Syndicate Bank, registered a profit growth of 35 per cent at Rs 128 crore for the financial year 2011-12.

Key equity index, the BSE Sensex, today staged a dramatic comeback after the country's largest bank, State Bank of India (SBI), announced a jump of nearly 200 times in fourth-quarter net profit.