Central Bank turns the corner
The Central Bank of India, which was in the red for the last four years, has posted a net profit of Rs 150.83 crore for the financial year 1996-97. This is despite no increase in the advance portfolio of the bank during the year.
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Govt rules out duty-free gold
The government has ruled out duty free import of gold as demanded by gold merchants to bolster country's sagging exports.
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