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IDBI Bank acting CEO resigns

IDBI Bank's acting chief executive officer and country head of retail banking Ajay Bimbhet has resigned.Bimbhet had expressed his desire to resign from services of the bank and the same had been......

Panel to be set up to spot permanent IDBI Bank CEO

A day after Ajay Bimbhet was given additional charge as the acting chief executive officer of IDBI Bank, IDBI chairman and managing director P P Vora said that a search committee was being......

It's consolidation time: IDBI Bank chief

IDBI Bank's new CEO Ajay Bimbhet will focus on consolidation and not expansion of the bank's operations.IDBI Bank has around 99 branches and extension counters. It has another 10-12 branch......

Insurers see a change agent in new FDI rules

Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled. Fifteen years after the privatisation of insurance, the archaic,......

R-Cap to begin talks with foreign partners for insurance biz

Expecting the passage of Insurance Bill to bring in $8-10 billion of foreign capital into the industry, Reliance Capital on Thursday said it would soon begin talks with foreign partners for its......

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