New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).
New Delhi [India], Feb. 10 (ANI): A special CBI court on Friday granted bail to six accused in the Vijay Mallya loan default case, where IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.
New Delhi [India], Feb. 1 (ANI): Senior advocate K T S Tulsi has said the non- bailable warrant (NBW) against beleaguered businessman Vijay Mallya in the IDBI Bank loan default case is a cover-up and accused the government of crying over spilt milk after facilitating his exit.
New Delhi [India], Jan. 24 (ANI): The Central Bureau of Investigation (CBI) has arrested a former chairman and three other ex-officials of IDBI Bank along with four former executives of Kingfisher airlines in connection with the Vijay Mallya loan default case.