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Rajya Sabha chairman rejects Mallya's resignation

Liquor baron Vijay Mallya, facing a case of loan default of over Rs 9,400 crore, is all set to be expelled from the Rajya Sabha as Chairman Hamid Ansari on Tuesday turned down his resignation on......

House panel recommends Mallya's expulsion from RS

Independent member of Parliament and liquor baron Vijay Mallya is all set to face expulsion from Rajya Sabha, with a Parliamentary panel examining the matter related to his alleged loan default of......

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......

Why private bankers prefer giving top jobs at public banks a miss

One of the reasons why private bankers don't head a public sector bank is the lack of autonomy, according to banking industry experts. Earlier this year, a large public sector bank (PSB) with a......

Two IDBI Bank entities lose chief executives

IDBI Federal Life Insurance managing director (MD) & chief executive officer (CEO) G V Nageswara Rao is leaving at the end of this month.  Sanjay Sharma, chief executive and managing director......

IDBI Bank waives all service charges

Paying for facilities like issuance of demand drafts, cheque books, credit or debit cards and ATM interchange may soon become passe as public sector lender IDBI Bank on Wednesday waived-off all......

FinMin list ready for CMDs, EDs at 11 banks

M V Tanksale of Punjab National Bank may head Punjab & Sind Bank and R M Malla of the Small Industries Development Bank of India may take charge at IDBI Bank if the Central Vigilance Commission and......
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Sensex ends 205 points lower; Nifty holds 8,500

  Markets slipped in late trades, amid weak European cues, as investors booked profits after recent gains while the uncertainty over the passage... ...

http://www.rediff.com/money/report/how-the-markets-fared-on-july-21/20160721.htm
A 15-day guide to become a millionaire

Now that you have clicked on this sensational headline do read what follows. It will not make you a millionaire in 15 days but lays a solid... ...

http://www.rediff.com/getahead/report/money-a-15-day-guide-to-become-a-millionaire/20160720.htm
Banks to take control of two units of Amtek Auto for defaulting on bond repayment

MUMBAI: Banks will take control of two subsidiaries of Amtek Auto that defaulted on bond repayment last year. Lenders have agreed in principle to... ...

http://auto.economictimes.indiatimes.com/news/auto-components/banks-to-take-control-of-two-units-of-amtek-auto-for-defaulting-on-bond-repayment/53219244?utm_source=RSS&utm_medium=ETRSS
Lenders fume over Vijay Mallya assets, say tycoon defied SC order

The tycoon had pegged his domestic assets at R2,014.60 crore A consortium of banks led by SBI on Thursday moved the Supreme Court seeking "complete... ...

http://www.financialexpress.com/industry/companies/lenders-fume-over-vijay-mallya-assets-say-tycoon-defied-sc-order/317154/
IndusInd bank opens IBU at GIFT city

IndusInd Bank today has announced the opening of its IFSC Banking Unit (IBU) at the Gujarat International Finance Tec-City (GIFT City) to meet the... ...

http://www.netindia123.com/netindia/showdetails.asp?id=2897943&n_date=20160712&cat=India

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