Updated : 1 week, 5 days ago IST
London [United Kingdom], Sep 12 (ANI): The lawyer of liquor baron Vijay Mallya on Wednesday claimed that IDBI Bank officials were well aware of the losses incurred in the debt-ridden Kingfisher Airlines.
Updated : 2 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): The Industrial Development Bank of India (IDBI) on Monday received an offer from the Life Insurance Corporation of India (LIC) seeking to buy a 51 percent controlling stake in the public sector bank.
Updated : 3 months, 3 weeks ago IST
New Delhi, [India], June 4 (ANI): The Centre on Monday announced the appointment of IDBI Bank managing director (MD) and chief executive officer (CEO) Mahesh Kumar Jain, as the fourth deputy governor of the Reserve Bank of India (RBI).
Updated : 5 months ago IST
New Delhi [India], Apr 26 (ANI): The Central Bureau of Investigation (CBI) on Thursday registered cases against 15 former senior officials of IDBI Bank and 24 others including members of private companies, on allegations of perpetrating a fraud of approximately Rs 600 crore through loan acco
New Delhi [India], Apr. 26 (ANI): The Central Bureau of Investigation (CBI) on Thursday registered a case against the then senior officials of IDBI Bank, Axcel Sunshine and others on allegations of perpetrating fraud of approximately Rs 600 crores through loan accounts of Axcel Sunshine Limi
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Apr. 12 (ANI): The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans.
Updated : 5 months, 3 weeks ago IST
New Delhi [India], Apr. 02 (ANI): Small Industries Development Bank of India (SIDBI) on Monday celebrated its foundation day with the launch of a series of initiatives from its Lucknow bank headquarters.
Updated : 8 months ago IST
New Delhi [India], Jan 24 (ANI): Department of Financial Services (DFS) Secretary Rajeev Kumar on Wednesday said that technology needs to be used extensively to implement the banking reforms for a fast, clean, and transparent economy.
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
Updated : 9 months, 2 weeks ago IST
London [UK], December 08 (ANI): An expert witness called by Vijay Mallya's defence team on Thursday described as "superficial" the processes employed by banks to grant loans totalling more than Rs 2,000 crore to now-defunct Kingfisher Airlines in 2009.
Updated : 9 months, 3 weeks ago IST
London [UK], Dec 5 (ANI): Britain's Crown Prosecution Service (CPS) outlined the Indian Government's case against liquor baron Vijay Mallya, on Monday.
Updated : 10 months, 3 weeks ago IST
New Delhi [India], November 4 (ANI): Despite being a major part of the Indian economy, Small and medium-sized enterprises (SMEs) in India face multiple challenges.