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Consumer stocks losing out to industrial ones as market corrects

Foreign investors are also getting cautious on emerging markets including India.  Consumer stocks have been the clear losers in what has been the biggest market correction in the recent times.......

Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

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)......

Tight-fisted Jaitley offers promises to debt-ridden banks only

Rs 25,000 crore (Rs 250 billion) may be too little too less for sick PSBs; consolidation, privatisation of IDBI soon The Union Budget 2016-17 turned out to be a damp squib for banks as the public......

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......

RBI slaps Rs 6.5 cr penalty on 6 PSU banks

The RBI on Friday imposed a fine of Rs 6.5 crore (Rs 65 million) on six public sector banks including IDBI Bank, Dena Bank and Indian Bank, for violation of customer identification or KYC norms and......

More govt banks raise base rates

A day after large banks such as Punjab National Bank and IDBI Bank increased base rates, state-run lenders Indian Overseas Bank and Indian Bank followed.Chennai-based Indian Overseas Bank (IOB)......
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Icra cuts rating on IDBI Bank's bonds

Weak Q3 performance triggers rating review ...

http://www.business-standard.com/article/finance/icra-cuts-rating-on-idbi-bank-s-bonds-117022400760_1.html
Icra downgrades various debt instruments of IDBI Bank

Rating agency Icra todaydowngraded various debt instruments of IDBI Bank owing to asignificant erosion of it's common equity tier I (CET... ...

http://www.moneycontrol.com/news/wire-news/icra-downgrades-various-debt-instrumentsidbi-bank_8553721.html
ICICI Bank acquires over 13% stake in JPVL

Jaiprakash Power Ventures on Thursday said ICICI Bank has acquired its 81.44 crore shares under the strategic debt restructuring plan by its... ...

http://www.mydigitalfc.com/news/icici-bank-acquires-over-13-stake-jpvl-468
PSBs to get govt funds by March

The government will disb­u­rse full quota of money kept for PSU bank capitalisation in this financial year rather than pushing release of so­me... ...

http://www.mydigitalfc.com/news/psbs-get-govt-funds-march-457
Cashless habits gain traction

DEMONETISATION AFFECTS CREDIT DEMAND, BENEFITS RETAIL PAYMENT SYSTEMS The Indian government’s decision on November 8, 2016 to immediately... ...

http://www.mydigitalfc.com/banking/demo-impact-cashless-habits-gain-traction-454

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