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Friday, November 10, 2000

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Financial sector ready for newinstruments, says Jalan
RBI governor Dr Bimal Jalan has said that India's financial sector is moving towards a scenario where it can have new instruments along with liquidity and safety.

State Bank of Indore netprofit up 35% in first half
The State Bank of Indore has reported a 35 per cent growth in its net profit during the half-year ended September 30 to Rs 22.26 crore, up from Rs 16.49 crore during the corresponding period of the last fiscal.

Possible ECB intervention stalls euro's further slide
The euro was soft near one-week lows against the dollar on Thursday as dealers waited for the result of a recount in the key state of Florida which will decide who will be the next president of the United States.

  Market Round-up
  IDBI not to be a universal bank, says Gupta
  ITPO centres in Chennai, Bangalore soon
  Bihar officials opt for greener pastures in Jharkhand
  Finance ministry opposes roll-back in petro prices
  Six parties to bid for Air-India stake
  Executive briefing
  World Bank to alleviate poverty through IT

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