IDBI Bank files insolvency plea against Zee

IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60......

Cabinet clears strategic divestment in IDBI Bank

The Cabinet on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank in line with the Budget announcement earlier this year. The......

Kingfisher Airlines: IDBI Bank GM conspired with Mallya

A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central Bureau of Investigation said in......

IDBI Bank to merge with IDBI

IDBI Bank Ltd will merge with Industrial Development Bank of India.The board of directors has taken in-principle decision to merge IDBI Bank Ltd with IDBI, the financial institution informed the......