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  News for Bundellu

  • Business

VRS to cost IDBI Rs 75 cr

 Industrial Development Bank of India Ltd will see an outgo of about Rs 75 crore (Rs 750 million) with 425 of its 2,800 employees having opted for a voluntary retirement scheme. IDBI will write-off......

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 to raise Rs 2,500 cr via flexibonds

 Industrial Development Bank of India plans to raise Rs 2,500 crore (Rs 25 billion) through a flexibond issue with a greenshoe option of the same amount even as it expects to reduce interest costs......

ED interrogates IDBI officials in Kingfisher loan case

 Investigators asked how the loan was given, which had poor financials and negative net worth The Enforcement Directorate interrogated five serving and former executives of the IDBI Bank in......

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