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UB Group denies Kingfisher loans funded offshore property

State-run IDBI Bank is one of Kingfisher's more than a dozen creditor banks.  Embattled Indian tycoon Vijay Mallya's UB Group has denied allegations that it used Rs 4.3 billion ($65 million)......

Loan to Kingfisher: CBI names 5 IDBI Bank executives

  There was a slew of meetings between Mallya and key bank executives as the Kingfisher Airlines was going under Five serving and former executives of the IDBI Bank, mentioned in a probe......

IDBI Bank ranked as the 2nd most trusted PSU brand

IDBI Bank has been ranked as the second most trusted brand in the PSU category according to ‘The Brand Trust Report 2015’. The study covered 19,000 brands across 16 cities. ......

Banks set for lending rate action this week

SBI, IDBI Bank among a host of lenders holding asset-liability panel meets Days after the Reserve Bank of India lowered the repo rate in a surprise move, banks have set the ball rolling for a......

IDBI Bank to declare Kingfisher Airlines 'wilful defaulter'

Public-sector lender IDBI Bank has said it is planning to announce liquor baron Vijay Mallya's Kingfisher Airlines as a wilful defaulter. The bank, which has a Rs 750-crore (Rs 7.5 bilion) exposure......
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Axis, IDBI Bank profits hit by NPA provisioning

HDFC Bank, Kotak Mahindra Bank and Federal Bank report healthy bottom line growth in September quarter ...
Banking majors report mixed quarterly results

India's banking sector majors on Tuesday reported mixed earnings results for the second quarter of the current fiscal.On a standlaone basis,... ...
IDBI Bank tumbles 3% post Q2 numbers

The total income of the bank has increased from Rs 7913.6 crore for the quarter ended September 30, 2015 to Rs 8387.2 crore for the quarter ended... ...
Lifting gloom

Bank stocks have been swinging and swaying this year, as the market has yet to come to terms with the mammoth non-performing assets (NPAs) being... ...
IDBI Bank unions threaten strike over wage revision

Around 17,000 employees of thetroubled state-run IDBI Bank, that has been reporting heavylosses on rising bad loans for several quarters now,... ...

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