Midsized private sector lender Yes Bank and securities broking firm Indiabulls Securities inked pact for mutually beneficial cross-selling. As per the alliance Indiabulls will offer premium security and capital market services to the customers of Yes Bank and the bank will provide complete banking services to the customers of Indiabulls Securities.
The customers will get the benefit of two-way referral arrangement through superior services and multiple options for trading in equity shares, online or off-line.
The bank’s net profit for the quarter ended September 30, 2011 surged 33.34% at Rs 235.02 crore as compared to Rs 176.26 crore for the quarter ended September 30, 2010. Total income has increased by 52.34% to Rs 1652.70 crore for the quarter under review from Rs 1084.90 crore for the similar quarter of the previous year.
Company Name | CMP |
---|---|
HDFC Bank | 1448.30 |
ICICI Bank | 1114.35 |
Axis Bank | 1118.65 |
Indusind Bank | 1402.20 |
Kotak Mahindra Bank | 1642.25 |
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