Kotak Mahindra bank climbed up 7.70% to Rs 768.05 and led BSE

Mumbai: Lakshmi Vilas Bank stated that it has recorded a 20 per cent growth in net profit at Rs

Indian Overseas Bank turned down 1.3% to Rs 125 regardless of recording a 20.92% increase in net profit in Q1 June 2007 The results were declared during market hours today, 27 July 2007.

Meanwhile, the BSE 30-share Sensex was down 448 points to 15,327 chasing weak global markets.

Nearly, 2.85 lakh shares of the scrip had changed hands on the bourses.

Punjab National Bank said that it may increase term depository rates b

Union Bank of India advanced 4% to Rs 155.15 in afternoon trading after declaring a 35% increase in net profit in Q1 June 2007. The results were declared during trading hours today, 23 July 2007.

In BSE’s ‘A’ group shares, it was placed on the ninth position.

ICICI Bank registered 25% growth in net profit to Rs 7,750.80 million for the first quarter ended June 2007 as against Rs 6,200.1 million in the same quarter of the last year (2006).

The operating income of the India’s biggest private sector lender ascended 50.16% to Rs 75,661.30 million for the quarter from Rs 50,386.30 million in the corresponding quarter, last year.

In comparison, total income for the same period also climbed 46.94% to Rs 92,814.20 million from Rs 63,161.9 million. The earnings per share (EPS) for the same period arose 23.7% to Rs 8.61.