IDBI Bank: News
15 Apr 2024
SonyNCLAT to hear Zee-Sony merger disputes on May 17
The National Company Law Appellate Tribunal (NCLAT) has scheduled a hearing for the disputes surrounding the Zee-Sony merger on May 17.
31 Aug 2023
ZeeNCLAT accepts IDBI Bank's insolvency plea against ZEEL
The National Company Law Appellate Tribunal (NCLAT) has admitted IDBI Bank's plea to start insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL).
23 Mar 2023
Vijay MallyaMallya had Rs. 7,500 crore, enough to repay banks: CBI
The multi-crore loan scam involving fugitive Indian businessman Vijay Mallya has taken a new turn.
09 May 2020
Central Bureau Of Investigation (CBI)Exporters flee country after cheating 6 banks; SBI files complaint
Three promoters of a Delhi-based basmati rice export firm have fled the country with over Rs. 400 crore in unpaid bank loans, officials said on Saturday.
30 Mar 2020
ICICI BankNow, you can recharge your Jio number from bank ATMs
Reliance Jio has announced that its subscribers can now recharge their prepaid numbers at a nearby bank ATM. The move aims to provide an alternative recharge method for all users, especially to those who cannot do online recharges.
15 Nov 2019
India#FinancialBytes: All you need to know about loans on credit-cards
Credit cards play an essential role in our lives and are among the most widely-used cashless payment methods because of the convenience they offer.
30 Apr 2019
India#FinancialBytes: All you need to know about loans on credit-cards
Credit cards play an essential role in our lives and are among the most widely-used cashless payment methods because of the convenience they offer.
18 Dec 2018
State Bank of India (SBI)#FinancialBytes: Debit cards that are best for students in India
Debit cards are one of the most used payment methods today for both online and cashless offline transactions.
02 Sep 2018
IndiaHow to apply for education loan in India
Getting quality education from a top-notch institution, is vital to give a kick-start to your career, whatever be the field.
09 Aug 2018
Madhya PradeshThis traveling computer-classroom will reach 65,000 children in MP villages
In a step that would benefit over 65,000 children residing in Madhya Pradesh villages, a bus equipped with 20 computer systems and internet was flagged off on Saturday.
16 Jul 2018
IndiaLIC board approves acquisition of 51% stake in IDBI Bank
The LIC board today gave approval to the insurance behemoth for acquiring of up to 51% stake in IDBI Bank, Economic Affairs Secretary SC Garg said today.
26 Jun 2018
Central Bureau Of Investigation (CBI)Mallya releases letters to Modi alleging media, investigators' bias
Embattled liquor baron Vijay Mallya today released one-year-old letters he wrote to PM Narendra Modi and then-Finance Minister Arun Jaitley "to put things in the right perspective."
22 Jun 2018
IndiaED seeks fugitive-tag for Mallya; moves court to confiscate Rs.12,500cr-assets
Enforcement Directorate (ED) on Friday filed the first case under "Fugitive Economic Offender Ordinance" to declare Vijay Mallya a fugitive offender and to confiscate his assets worth Rs. 12,500cr (including movable and immovable properties).
16 Jun 2018
Vijay MallyaVijay Mallya ordered to pay £200,000 to Indian banks
Embattled liquor baron Vijay Mallya was asked to pay £200,000 (Rs. 1.81 crore) to Indian banks by a United Kingdom court.
10 Jun 2018
IndiaPSU banks suffer whopping Rs. 87,000cr loss in FY18
Losses of 19 government-run banks crossed a whopping Rs. 87,357cr in FY2017-18, topped by scam-tainted Punjab National Bank which took a hit of nearly Rs. 12,283cr.
04 Jun 2018
Reserve Bank Of India (RBI)Business Roundup: Here are today's top 5 Business news
Here comes your daily roundup of business news.
04 Jun 2018
IndiaGovernment mulls merging four more state-run banks to reduce losses
The government is mulling a major merger of at least four state-run banks - Bank of Baroda, IDBI Bank Ltd, Central Bank of India and Oriental Bank of Commerce - to give a boost to India's struggling banking sector, HT reports.
02 May 2018
Central Bureau Of Investigation (CBI)Over 23,000 bank-fraud cases involving Rs. 1-lakh-crore in 5 years
Over 23,000 cases of fraud involving a whopping Rs. 1-lakh-crore have been reported in the past five years in various banks, according to the Reserve Bank of India (RBI).
26 Apr 2018
Central Bureau Of Investigation (CBI)Loan fraud: Case registered against former Aircel promoter Sivasankaran's companies
The CBI has registered a case against former Aircel promoter C Sivasankaran's companies, Axcel Sunshine Ltd and Finland-based Win Wind Oy, for allegedly defaulting on loans worth Rs. 600 crore taken from IDBI Bank, officials said on Thursday.
24 Apr 2018
State Bank of India (SBI)#FinancialBytes: Buying a car? Here are 6 best car-loan options
Nowadays, having a car has become a necessity rather than a luxury. However, someone who has just started his professional career may not be able to afford a car.
28 Mar 2018
TelanganaIDBI Bank now reveals fraudulent loans worth over Rs. 770cr
The latest Indian bank to reveal fraudulent loans is IDBI, which said Rs. 772cr had been issued as loans from five branches in Andhra Pradesh and Telangana against fake documents.
05 Jan 2018
IndiaThis Android malware has affected almost all Indian banking apps!
In India, banking apps are increasingly being used for carrying out Internet-enabled transactions conveniently. Almost every bank has a mobile app. But it looks like net banking isn't really safe in an era of increasing cybercrime.
11 Sep 2017
IndiaSC asks debt-ridden Jaypee to deposit Rs. 2,000cr by October
In relief to homebuyers, the SC last week stayed insolvency proceedings against Jaypee Infratech which has defaulted on loans worth crores.
01 Aug 2017
KarnatakaActor-Cricketer Dhruv Sharma passes away in Bengaluru
Speech and hearing impaired Dhruv Sharma, who went on to become Sandalwood actor and professional cricket player, died from multiple-organ failure in Bengaluru today.
27 Jun 2017
Reserve Bank Of India (RBI)Finance ministry to RBI, extend deadline for Basel III norms
Although RBI had extended the deadline for implementation of Basel III banking norms from March 2018 to March 2019, the finance ministry has now asked for another extension citing, banks at present have a higher capital requirement to handle NPAs.
24 Jun 2017
IndiaRBI to banks: Resolve 55 NPA cases in six months
After pegging down 12 accounts that had racked up 25% or roughly around Rs. 2 lakh crore worth non-performing assets (NPA) in the Indian banking sector, the Reserve Bank of India (RBI) has now given banks a six month time period to resolve 55 cases of bad debt or hand them over for resolution under Insolvency and Bankruptcy Code.
20 Jun 2017
IndiaLanco Infratech: First of 12 blacklist companies facing bankruptcy action
Lanco Infratech was touted to be the first company amongst Reserve Bank of India's twelve blacklist companies to face bankruptcy action.
06 Jun 2017
IndiaDefiant Mallya says he intends to watch all ICC matches
While the presence of absconder Vijay Mallya at the ICC Champions Trophy match created quite a stir in the media and social media, Mallya was unfazed.
22 Mar 2017
Delhi PoliceDelhi: Four Bhondsi jail-mates in Limca Book of Records
The Limca Book of Records now features four inmates of the Bhondsi jail for installing 'Phoenix' (a prison-management software) in 11 prisons of Haryana.
23 Feb 2017
IndiaIDBI to manage losses by selling non-core assets
State-owned lender, IDBI Bank Ltd's board will sell some of its non-core assets to manage a gross bad loan ratio of 15.16% in December-end.
01 Feb 2017
IndiaMumbai hospitals under the scanner for overcharging
Lilavati Hospital, Asian Heart Institute, Kokilaben Dhirubhai Ambani Hospital, Fortis Hospital, Global Hospitals, Hiranandani Hospital and HN Reliance Foundation were found selling packaged commodities at prices far above the MRP.
28 Jan 2017
MumbaiIDBI Bank flouted norms to offer Mallya Rs 950-crore loan
Vijay Mallya's KFA was reportedly Rs 6,000 crore in debt when it approached IDBI bank, with un-repaid credits of IDBI itself. The first loan of Rs 150 crore was sanctioned within a week.
