Idbi

Opinion | No dearth of privatisation critics but Centre must go ahead with PSU sale in 2022

Just like the strategic sale of Balco in 2001, when the government sold its 51 percent equity in the aluminum major, galvanised privatisation in the country, Air India sale has the potential of accelerating the pace of disinvestment.

IDBI Bank Recruitment 2021: Apply for Chief Data Officer, other posts by 3 May

The selection process will consist of preliminary screening and shortlisting which will be based on the eligibility criteria, qualifications, experience

SBI complains to CBI after Rs 411 cr loan defaulters flee country; account had become NPA in 2016

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank, they said.

Finance Minister Nirmala Sitharaman says 'steadiness' in economy is a good sign with Q3 GDP growth at 4.7%

Speaking at <em>CNBC-TV 18</em>'s Business Leadership Awards 2020, Sitharaman made it clear that she was not expecting a jump in the GDP growth number either.

Budget 2020: Nirmala Sitharaman's fiscal math seems to have put worst behind; economy set to rebound with proposals announced

The Budget brought more clarity on the fiscal deficit side by pegging the deficit figures at 3.8% of the GDP for FY 2019-20 and 3.5% for FY 2020-21, showing a deviation of 0.5% from the fiscal glide path.

Jaypee Infratech insolvency: NCLT to hear on 21 May IDBI Bank's plea on bankruptcy process deadline extension

IDBI had approached the National Company Law Tribunal (NCLT) seeking an extension of the corporate insolvency resolution process (CIRP) beyond the 6 May deadline

After govt nod, NBCC asks Jaypee Infratech RP to reconsider bid; lenders, home buyers vote on sole bid by Suraksha Realty

Financial creditors and home buyers of the Jaypee group realty firm are currently voting on the bid of Suraksha Realty,

NBCC submits revised bid for debt-ridden Jaypee Infratech; to complete over 20,000 delayed apartments in Noida

In April 2018, Jaypee Group had also submitted a Rs 10,000 crore plan before lenders to revive Jaypee Infratech, but the same was not accepted.

ICRA upgrades outlook on PNB, Bank of India, two other lenders; govt's capital infusion key driver of improvement

The stable outlook factors in ICRA's expectations of reduced asset quality pressure, improving solvency levels and expectations of improved earnings indicators in 2019-20, it said.

RBI imposes Rs 11 crore fine on 4 banks for non-compliance in Swift operations

Post the PNB fraud, which came to light in February 2018, the RBI has been tough on banks to tighten all kind of their transactions.