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STANCHART POSTS Rs848-CRORE NET PROFIT (in 2002-2003).
(From India Business Insight)
Standard Chartered Bank (StanChart) made a net profit of Rs848.3 crore in 2002-2003.
Its net income was Rs1,694 crore. Its cost- income ratio was 34 percent.
The results, however, are not comparable with the previous year, since StanChart was officially merged …
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