Search For "idbi bank"
Bank Unions to observe 24-hour strike over wage revision, pensions
Updated : 4 years, 3 months ago IST
New Delhi [India], Dec 21 (ANI): The All India Bank Officers' Confederation (AIBOC) in collaboration with the United Forum of Bank Unions (UFBU) will observe a 24-hour long strike demanding wage revision and opposing the proposed merger of Dena Bank, Vijaya Bank and Bank of Baroda.
Read More
IDBI officials knew of losses at Kingfisher, claims Mallya's lawyer
Updated : 4 years, 6 months 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.
Read More
IDBI Bank MD appointed RBI Dy Governor
Updated : 4 years, 9 months 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).
Read More
IDBI Bank fraud: 15 senior bank officials booked
Updated : 4 years, 11 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
Read More
CBI registers case against IDBI Bank, Axcel Sunshine for Rs. 600 Cr. fraud
Updated : 4 years, 11 months ago IST
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
Read More
RBI slaps Rs.3 Cr monetary penalty on IDBI bank
Updated : 4 years, 11 months 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.
Read More
SIDBI launches virtual assistant, bankability kit to assist MSMEs
Updated : 4 years, 11 months 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.
Read More
Technology essential to implement reforms: Rajeev Kumar
Updated : 5 years, 1 month 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.
Read More
Capital infusion reaffirms Centre's trust in PSBs: IOB
Updated : 5 years, 1 month ago IST
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.
Read More
IDBI gains maximum capital infusion from Centre
Updated : 5 years, 1 month ago IST
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.
Read More
Banks failed to evaluate credit-worthiness of KFA: Mallya's team
Updated : 5 years, 3 months 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.
Read More
ED attaches assets worth Rs. 12 Crore of businessman U.K. Das
Updated : 5 years, 5 months ago IST
New Delhi [India], Sept 26 (ANI): Enforcement Directorate (ED) on Tuesday attached properties worth Rs 12 Crore belonging to Ujjal Kumar Das and his family members of Kolkata, in connection with a bank fraud case, under the provisions of Prevention of Money Laundry ACT (PMLA).
Read More