Latest News on Idbi
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Idbi - Total results - 55
Oct 25, 2018
After IDBI, it's now IL&FS: Who will bailout LIC from embracing risky businesses it doesn’t understand?Array
Oct 12, 2018
Yes Bank hires US-based headhunter Korn Ferry to assist search panel for new CEO; Rana Kapoor's term to end in January 2019Kapoor, the founder and promoter of the bank, has been asked by the Reserve Bank of India (RBI) to step down after January 2019.
Sep 26, 2018
IL&FS should be allowed to fail than forcing a LIC-sponsored bail-out; time to stop gambling with policyholders' moneyIL&FS should be allowed to fail than forcing a LIC-sponsored bail-out
Sep 19, 2018
The Great Indian NPA Mess: Bad loans can snowball into banking crisis; Jaitley's solution has political overtonesNPAs on the other hand, have been growing. The problem was that banks did not have the capacity to assess infrastructure projects which were much bigger now.
Sep 12, 2018
Indian govt failed to justify request for Vijay Mallya's extradition from UK, says businessman's lawyerVijay Mallya’s lawyer Clare Montgomery told London’s Westminster Magistrates Court that India had failed to provide enough evidence to form a "prima facie" case against him necessary to warrant his extradition
Aug 29, 2018
Climate change: Why green bond financing is a good bet to raise resources to save natureIndia’s green bond market is currently pegged at about $3 billion, apportioning majority of the proceeds to renewable energy projects (contributing directly towards achieving India’s NDCs)
Aug 28, 2018
Daily bulletin: DMK set to elect Stalin as president, Rahul Gandhi to visit Kerala; PV Sindhu in action at Asian Games; day's top storiesCongress president Rahul Gandhi is set to visit flood-ravaged areas and relief camps in Kerala today. His party colleagues say that Rahul will fly to Thiruvananthapuram and go to some of the areas — Chengannur, Alappuzha and Angamaly — worst hit by the floods
Jul 18, 2018
IDBI Bank board seeks government approval for majority stake sale of 51% to LICIDBI, which has the worst asset quality among all the banks with a 28 percent bad loan pile, said it has received a letter from LIC on Monday expressing interest to increase its holding to 51 percent through preferential allotment of shares or an open offer or a combination of both.
Jul 17, 2018
LIC-IDBI Bank deal: Five questions the state-run insurer should answer while betting big on a zombie bankLIC is taking off some burden from the government that is saddled with capital-hungry zombie banks. But, what does the deal really mean for LIC?
Jul 16, 2018
LIC board to meet today to finalise acquisition of stake in IDBI Bank, say sourcesLIC has been looking to enter the banking space by acquiring a majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender's stressed balance sheet.