Mangaluru : The Mangalore Refinery and Petrochemicals Ltd. (MRPL) announced posting Rs 682 crore net loss in Q2 of 2024-25 as against Rs 1,059 crore net profit posted in Q2 of 2023-24. The company had posted Rs Rs 66 crore net profit in Q1 of the current financial year. A release here said that company […]

Mangaluru: The Corporation Bank increased its Deposits to Rs. 2,20,559.62 crore as on March 31, 2017 from Rs. 2,05,170.84 crore as on March 31, 2016, exhibiting a growth of 7.50%. Total business of the bank reached to the level of Rs. 3,60,916.41 crore as on March 31, 2017 against Rs. 3,45,493.08 crore recorded during the […]

Mangaluru : Corporation Bank on Wednesday announced that it had, in 2015-16, posted losses for the first time since its inception in 1906. However, the bank’s CEO exuded confidence of bouncing back this fiscal by recovering the non-performing assets (NPA), which have touched the 9.98-per cent mark (Rs. 14,544 crore gross). Announcing the performance highlights […]

Mangalore :  Karnataka Bank Limited, a premier private sector bank headquartered in Mangalore, registered an impressive performance for the financial year 2011-12. The Bank has recorded a net profit of Rs 246.07 crore for the year ended 2011-12 which is an increase by 20.26 per cent as against the net profit of Rs  204.61 crore […]

Mangalore: The South Canara District Central Co-operative Bank (SCDCC Bank) which already has several achievements to its credit, has added another feather to its cap. The Bank Chairman MN Rajendra Kumar has informed that  the Bank  stood  first in the entire state by mobilizing  a total of Rs 1317.48 crore deposits  through its 55 branches  […]

Mangalore: The Mangalore Refineries and Petro-chemicals Ltd(MRPL) has recorded a business of Rs13,658 crores in the third quarter of 2011-12 ending on 31-12-2011. This is a 17% growth over last financial year during the same period. The local company of productions, as part of ONGC now, has increased its exports to Rs5943 crores from Rs4046 […]

Bangalore: When the Supreme Court gets discontented with a state government, the party which rules in the state should enquire into the matter and report back to the SC, promising clean and improved administration, otherwise it (the state govt) has no place to stand on. Like Egypt, people can not wait for 30 years and […]