Royal Bank ups offer for NatWest by 12%
Royal Bank of Scotland raised its bid for National Westminster Bank Plc by 12% on Monday, increasing the cash element and putting pressure on rival bidder Bank of Scotland to respond.

SBI net to grow 35% this year, says Vaidya
The State Bank of India's net profit for the year to March 31, 2000 is estimated to grow by over 35 per cent to Rs 1400 crore on a conservative basis while the balancesheet size should grow by 15%, bank chairman GG Vaidya told reporters on Monday.

Global Trust 9-month net up 46% to Rs 73.29 crore
Global Trust Bank has registered 46% growth in the net profit to Rs 73.29 crore for the nine-month period ended Dec 31, 1999, against Rs 50.05 crore for the same period in the previous year.The bank's board meet in Mumbai has taken on record the unaudited financial results for Q3 ended Dec 31, 1999.


  Japan vows to keep yen weak in a bid to support fragile economy
  Dollar upbeat, stays near high versus euro
  Chinese banks to boost mortgage lending in 2000
  Call Money
  Spot Dollar
  Forward Premiums
  Gilts
  IDBI set to float infotech, VC units
  Deutsche Bank unveils e-banking interface
  FI's Q3 net dives 53% to Rs 141 cr
  DoT to securitise 4 firms licence fee dues
  VSNL third-quarter net up 11% to Rs 298 crore
  IDBI seeks Sterling selloff to aid Essar FRN
  Sunil Mittal gets bail
  Jain hawala scam ends
  TUFS modified; non-disbursement cases to be taken up afresh
  Need to improve water management -- Minister
  Psion to put the Internet in user's pocket
  New trade round unlikely to take off until next year
  US treasury secretary allays fears over euro, reiterates faith in strong dollar
  Punjab & Sind Bank net up Rs 18.25 cr
  Nabard debt gets AAA rating
  ECB support for euro still missing
  Three-day fixed-rate repo
  Apace application rejected