RV Verma is NHB ED
Mr RV Verma has taken charge as the executive director (ED) of National Housing Bank (NHB), with effect from January 25, 2001. Prior to this, Mr Verma was the general manager in NHB.

Dena Bank waives fees
Dena bank has taken a decision to waive commission charges for the demand drafts and pay orders issued, for donations given to the Prime Minister's Relief Fund and the Chief Minister's Relief Fund or the charitable organisations, which are authorised to accept donations under the Income Tax Act, 80G. This facility is given as a mark of solidarity for the quake - affected.

TAIB Bank net up by 10%
TAIB Bank has reported a 10 per cent increase in its net profit of $15.5 million in 2000. This net-profit is the highest in a financial year so far, despite the difficult times in most capital markets around the world.

RBI auction of securities
The Reserve Bank of India, under the scheme of Liquidity Adjustment facility, has announced one-day repo and reverse repo auction in all government of India dated securities and Treasury bills of maturities of 91, 182 and 364 days on February, 12, 2001.

Nasdaq in Bangalore
The Nasdaq expects Indian companies to become a significant component of its activities over the next ten years, US stock market's vice-chairman Alfred Berkley Jr III said. Speaking to the press a day before the opening of its India office in Bangalore tomorrow, he said.