Allahabad Bank posts 18% deposits and advance growth in 2008-09; projects over 20% growth in 2010

Allahabad Bank posts 18% deposits and advance growth in 2008-09; projects over 20% growth in 2010On the sidelines of a press conference in Kolkata, the city-based Allahabad Bank’s Chairman and Managing Director, K R Kamath, said that the public sector lender has posted an 18 percent year-on-year growth in deposits and advances in 2008-09.

Kamath informed reporters that out of the bank’s total business of Rs 1.44 lakh crore as on March 31, 2009, deposits account for Rs 84,865 crore, while advances comprise Rs 59,177 crore.

Allahabad Bank Launches Gold Coins; Eyes Over 20% Growth In 2009-10

Allahabad Bank Launches Gold Coins; Eyes Over 20% Growth In 2009-10On the eve of entering its 145th year of service, Kolkata-based Allahabad Bank, has made announcement about the retail selling of gold coins publicly.

The public sector lender said that it will shortly launch the scheme in other areas.

While speaking to media persons, Mr. KR Kamath, Allahabad Bank Chairman & Managing Director, stated that at first, the coins will be available in denominations of four (4), eight (8) and ten (10) grams in select core banking solutions branches of the bank.

Environmental concern helps West Bengal’s jute industry thrive

Environmental concern helps West Bengal’s jute industry thriveKolkata, April 9 : World environmental concerns have come as a bonus for the ailing jute industry in West Bengal.

The eco-friendly `golden fibre' is finally finding its place in the limelight with the growing popularity of diversified jute goods.

RCom launches high-speed wireless broadband facility in Kolkata

Reliance CommunicationsAnil Dhirubhai Ambani Group company Reliance Communications on Monday launched its high-speed wireless broadband services in Kolkata.

The company claims that newly launched service is Country's fastest internet service with a peak downlink speed of upto 3.1 Mbps and an uplink speed of up to 1.8 Mbps. The company will deliver the services on its CDMA platform.

The company has launched multiple subscription plans for its wireless broadband service ranging from a monthly rental of Rs 299 to Rs 1,750. In addition, the company will take Rs 3,500 as one time cost for USB modem separately.

Bips Sizzles At Kolkata Fashion Week!

Bips Sizzles At Kolkata Fashion Week!It’s the time for fashion shows, when designers reveal their majestic collections, and people get their share of amusement through the artistic outfits unveiled, or through the stunning beauties walking down the ramp.

It's a joyous experience in itself, isn't it?

But rare are the chances when audiences get to see what can be the expected the least.

Besides the gorgeous models, who walked the ramp for fashion designer pair, Mona-Pali at the ongoing Kolkata Fashion Week (KFW), the event also had someone very special.

Bipasha Basu dazzles at Kolkata fashion week

Bollywood actress Bipasha Basu Kolkata, Apr 5 : Bollywood actress Bipasha Basu on Saturday walked ramp on the third day of ongoing Kolkata Fashion Week (KFW) here.

Basu, dressed as quintessential Bengali bride, stole the show with her showstopper act for fashion designer duo Mona-Pali."What I love about this particular outfit tonight is it has the essence of our culture. At the same time it is very modern. It is for the modern Indian women. We are using the artistry, which is from our roots, but at the same time we are presenting the Indian women in various shades. I am very happy with the kind of work people are doing," Basu said.