News for 'iibi'

Govt mulls IDBI, IFCI, IIBI merger

The government is working on a proposal of a mega merger of country's three leading financial institutions IDBI, IFCI and IIBI.

IDBI may take over IFCI, IIBI

In a bid to strengthen the development financing character of IDBI, the United Progressive Alliance government has revived the proposal to merge two ailing institutions -- IIBI and IFCI -- with it after segregating their bad assets.

IIBI to transfer Rs 600 crore sticky assets to ARC

IIBI likely to be merged with IDBI

Private banks queue up to buy IIBI assets

Some major private sector banks, such as Deutsche Bank, Yes Bank, Kotak Mahindra Bank, Standard Chartered Bank, and financial institution Industrial Finance Corporation of India (IFCI) are in the race to buy the Rs 500-crore standard loan assets and investments of the Industrial Investment Bank of India (IIBI).

Mega merger of IFCI, IIBI, IDBI, IDFC mooted

Opposing the government's move to merge the country's oldest financial institution with Punjab National Bank, IFCI's employees union on Wednesday proposed a mega merger of IFCI, IDBI, IIBI and IDFC.

IDBI, IIBI merger soon

The finance ministry is believed to have finalised the merger of Kolkata-based Industrial Investment Bank of India with Industrial Development Bank of India

8 things you must know about motor insurance

Neeraj Prakash, MD, Shriram General Insurance, explains how new measures proposed in the Motor Vehicles Act can smoothen the lives of the insured and insurer and how the government plans to make more vehicles owners buy insurance.

IFCI to merge with IDBI

Mega mergers in financial sector

PC hints at mega mergers of FIs

The government is not averse to mega merger of banks and financial institutions like IDBI and IFCI, if all stipulated norms of the Reserve Bank of India are met, Finance Minister P Chidambaram said on Wednesday.

You may have to pay more for car, two-wheeler insurance

Irdai has proposed to increase the Motor Third Party premium rates for cars below 1000 cc to Rs 2,120 from the existing Rs 1,850 for the fiscal 2019-20.

Govt to grant Rs 495 cr to IDBI

The government will give about Rs 495 crore (Rs 4.95 billion) to IDBI as part of a ADB line of credit and restructuring its liabilities.

FI loan to industry dips 22%

The economic slowdown took a heavy toll on some of the financial institutions like IDBI, IFCI and IIBI, with the cumulative loan disbursement falling by 22.4 per cent at Rs 17,878 crore in the last fiscal.