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IDBI NEWS IN ENGLISH

  • As bad debts mount, IDBI Bank’s Q4 loss widens to Rs 3200

    As bad debts mount, IDBI Bank’s Q4 loss widens to Rs 3200 cr

    May 18, 2017 18:26 IST

    After many public sector banks making headlines over their falling financials, IDBI bank on Thursday reported its standalone net loss at Rs 3,199.76 crore

  • Kingfisher charged of averting Rs 254 cr of Rs 900 cr IDBI

    CBI charges Vijay Mallya’s Kingfisher of diverting Rs 254 cr of Rs 900 cr IDBI loan for personal use

    January 24, 2017 19:54 IST

    A day after the arrest of a former chairman and four other ex-officials of IDBI Bank along with four former executives of Kingfisher Airlines in connection with the Vijay Mallya loan default case, the Central

  • CBI has registered two cases against Vijay Mallya

    Mallya loan default case: CBI arrests ex-IDBI chairman, 7 others

    January 23, 2017 22:39 IST

    A former chairman and three other ex-officials of IDBI Bank were among eight people arrested by the Central Bureau of Investigation (CBI) in the Vijay Mallya loan default case, marking first arrest in the case related to liquor baron.

  • Vijay Mallya

    Money-laundering: Court declares Vijay Mallya a proclaimed offender

    June 14, 2016 18:33 IST

    New Delhi: In the eye of storm for his alleged failure in repayment of loans and allegations of loan fraud and money laundering, businessman Vijay Mallya has been declared a proclaimed offender by a special

  • Vijay Mallya

    ED summons Vijay Mallya, asks him to appear within a week

    March 11, 2016 17:39 IST

    Issuing summons to beleaguered business tycoon Vijay Mallya, the Enforcement Directorate (ED) today beckoned the liquor baron to appear before its investigators by March 18th as part of its probe in the alleged loan defaults by his group.

  • vijay mallya

    ED summons former officials of KFA, IDBI in money-laundering case

    March 10, 2016 21:45 IST

    Mumbai: Four days after booking Kingfisher Airlines founder Vijay Mallya in a money-laundering case, the Enforcement Directorate served summons today to KFA staffers and officials of the state-owned IDBI bank which he has defaulted of

  • budget 2015 shipbuilding sector may get a major push

    Budget 2015: Shipbuilding sector may get a major push

    February 26, 2015 18:17 IST

    Bengaluru: In a bid to give a shot in the arm to PM Modi's  “Make in India” initiative, Finance minister Arun Jaitley may  announce a fund of  Rs 10,000 crore for shipping development in Union

  • unblock foreign funds of greenpeace india hc to govt

    Unblock foreign funds of Greenpeace India: HC to govt

    January 20, 2015 20:04 IST

    New Delhi: Delhi high court on Tuesday directed the government to "unblock" foreign contributions to the tune of Rs 1.87 crore received by controversial NGO 'Greenpeace' from its Amsterdam headquarters, saying the ministry showed "no

  • dfis no longer relevant now rbi

    DFIs no longer relevant now: RBI

    September 28, 2013 21:05 IST

    New Delhi: Development financial institutions (DFIs) have lost their relevance in the present financial system in India and across the globe, RBI Deputy Governor K C Chakravarty said on Saturday."DFIs played an important role in

  • idbi cuts retail deposit rates by 0.5

    IDBI cuts retail deposit rates by 0.5%

    May 10, 2013 17:00 IST

    Mumbai, May 10: In the first such move since RBI cut its key rates last week, state-run IDBI Bank has cut its fixed deposit rate offering in two maturities by up to 0.50 per cent.The

  • idbi in talks to float infra debt fund

    IDBI In Talks To Float Infra Debt Fund

    October 21, 2011 18:38 IST

    Mumbai, Oct 21: Public sector lender IDBI Bank is in talks with various financial institutions, including other state-run banks, to float an infrastructure debt fund, a top official has said.“We are in talks with various

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