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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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Should you go for higher credit limit?

Read on to understand the pros and cons of higher credit limit... Anushka has a credit card with a limit of Rs 100,000 which she applied for... ...

http://www.rediff.com/getahead/report/money-should-you-go-for-higher-credit-limit/20160531.htm
Syndicate, BOI, IOB downgraded by S&P

Global rating agency Standard & Poor's has revised the ratings and outlook for five public sector banks - Bank of India (BOI), Syndicate Bank of... ...

http://wap.business-standard.com/article/finance/syndicate-boi-iob-downgraded-by-s-p-116053001626_1.html
S&P affirms BB+ long-term credit ratings on IDBI Bank

S&P Global Ratings on Monday affirmed its BB+ long-term and B short-term foreign currency issuer credit ratings on IDBI Bank and said the outlook... ...

http://www.financialexpress.com/article/markets/indian-markets/idbi-bank-credit-rating-sp-says-outlook-stable/269541/
Investigators urge lenders to file criminal case against Vijay Mallya

Banks have been reluctant to file a criminal case against former Kingfisher Airlines chief Vijay Mallya as it could impact the recovery of their... ...

http://www.livemint.com/Companies/QTGTbZ9UB7h0d7C91lt1OJ/Investigators-urge-lenders-to-file-criminal-case-against-Vij.html
India's PSU consolidation strategy finally falling into place

Sidhartha Shukla money control.com The NDA government under Atal Bihari Vajpayee was the first one to kickstart divestment and privatisation in a... ...

http://www.moneycontrol.com/news/economy/indias-psu-consolidation-strategy-finally-falling-into-place_6772401.html

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