AP official shifted after Rs 55 crore fraud

Andhra Pradesh government shifted AP State Minority Finance Corporation`s managing director Mohammed Ilyas Rizvi.

Vijaya Bank aims to reduce its cost of deposits by Sept

Karnataka-based Vijaya Bank aims to bring down its cost of deposits by September, a top bank official said.

Vijaya Bank`s operating profit up by 35.47%

Spurred by growth of interest income and control over expenditure on interest, Vijaya Bank successfully achieved a turnaround, posting a net profit of Rs 143.38 crore in the first quarter of 2009-10.