New Delhi/Bengaluru/Panaji: Tighetening the noose around the flamboyant business tycoon Vijay Mallya, the CBI on Saturday searched his residences and Kingfisher offices in connection with a Rs.900 crore loan default case.The loan, provided by state-run
Availing an educational loan is a great difficulty faced by students who wish to pursue their studies. The information on loans, collateral etc is not easily available and that makes the process of availing loans a
New Delhi: IDBI Bank will sell its entire 5 per cent stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector lender about Rs 1,000 crore.At the end of quarter
New Delhi: State-owned IDBI Bank today said it is not being probed by the CBI over the Rs 950-crore loan extended to now defunct Kingfisher Airlines but investigation was being carried out against the borrower. “The
New Delhi: State-owned IDBI Bank today said it is not considering any proposal to merge Kolkata-based United Bank of India with itself. “We confirm that so far no proposal for merger of United Bank of India
New Delhi: State-run lenders including SBI and IDBI Bank have lined up more than Rs 15,000 crore worth of share-sales to institutional investors to shore-up their capital base.Apart from State Bank of India and IDBI
New Delhi: Serving and managing the money of over a billion people is never an easy task. From providing plain vanilla banking services, the banks in the country have gradually transformed themselves into universal banks.
New Delhi: The IDBI Bank on Wednesday reported a 60 per cent decline in net profit at Rs 192.27 crore for the second quarter ended September 30, 2013-14.The bank had net profit of Rs 483.53
Mumbai: Public sector lender IDBI Bank is hopeful of recovering up to 80 per cent of its Rs 800 crore exposure to Kingfisher, even as the revival of the grounded airline remains uncertain.“We are quite
New Delhi, Feb 14: Reliance Infrastructure-backed discom BSES has been sanctioned a loan of Rs 5,000 crore by IDBI Bank and the amount will be used by the company to pay up its outstanding dues
New Delhi, Oct 15: State-owned IDBI Bank on Saturday said it plans to open about 250 branches across the country and a branch in Singapore over the next year."We will be opening 200-250 branches across
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