News for '-idbi'

Govt loosened purse strings with fiscal deficit in mind, willing to do more: FM

Govt loosened purse strings with fiscal deficit in mind, willing to do more: FM

Rediff.com28 Feb 2020

Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.

Bankers are COVID Warriors too!

Bankers are COVID Warriors too!

Rediff.com11 Jun 2020

'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.

Why Franklin-type fiascos will keep happening

Why Franklin-type fiascos will keep happening

Rediff.com5 May 2020

'MFs acted as reckless lenders and not as prudent investors.' 'Clearly, how debt funds are being run is a systemic issue,' warns Debashis Basu.

Public sector banks may not flock to IIMs

Public sector banks may not flock to IIMs

Rediff.com14 Feb 2012

State Bank of India and IDBI Bank have decided not to go to the IIMs this year.

For LIC, road to bourses won't be easy

For LIC, road to bourses won't be easy

Rediff.com10 Feb 2020

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.

Banks reject Air India debt recast

Banks reject Air India debt recast

Rediff.com11 Jan 2012

The decision was taken at the State Bank of India headquarters in Mumbai on Monday when the top managements of the lenders met.

22 names recommended for ED posts at banks

22 names recommended for ED posts at banks

Rediff.com18 Jun 2018

These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19

House panel recommends Mallya's expulsion from RS

House panel recommends Mallya's expulsion from RS

Rediff.com25 Apr 2016

The Ethics Committee of Rajya Sabha headed by veteran Congress leader Karan Singh, decided to give Mallya one week time to explain his conduct.

Cos approach banks for recast of over Rs 28,000-cr debt

Cos approach banks for recast of over Rs 28,000-cr debt

Rediff.com6 Dec 2011

It is to be noted that the total cases referred under CDR increased to 19 in the second quarter from 16 in the first quarter of the current fiscal.

SBI limits free ATM transactions to 5, will others follow?

SBI limits free ATM transactions to 5, will others follow?

Rediff.com4 Nov 2014

Even as State Bank of India, the country's largest lender, has decided to charge its customers for more than five transactions through automated teller machines (ATMs), private sectors banks continue to be on a wait-and-watch mode.

Switching your home loan lender? Read this first

Switching your home loan lender? Read this first

Rediff.com4 May 2012

Readers' queries on when, why and how to change their home loan lenders answered.

Sanjay Sachdev: Tata's new asset

Sanjay Sachdev: Tata's new asset

Rediff.com28 Dec 2010

Peers describe Sanjay Sachdev, new chief executive officer of Tata Asset Management Company, as a man who can form alliances with ease.

ED issues fresh summons to Vijay Mallya

ED issues fresh summons to Vijay Mallya

Rediff.com18 Mar 2016

ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).

PSBs may re-approach Sebi for relaxing promoter equity rule

PSBs may re-approach Sebi for relaxing promoter equity rule

Rediff.com14 May 2018

PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations) Rules by August 2017.

Half a dozen realty IPOs face delay

Half a dozen realty IPOs face delay

Rediff.com29 Nov 2010

The mega real estate loan scam could delay the initial public offers of over half a dozen real estate developers because of poor investor sentiment, said bankers and analysts tracking the sector.

Challenges facing the 3 musketeers of Indian banking

Challenges facing the 3 musketeers of Indian banking

Rediff.com6 Feb 2019

What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?

Vijay Mallya: The reluctant poster boy of bad debt

Vijay Mallya: The reluctant poster boy of bad debt

Rediff.com8 Mar 2016

Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support

When bears come calling, brokers take bond route

When bears come calling, brokers take bond route

Rediff.com15 Aug 2011

Many have downgraded EPS estimates for the Sensex in FY12.

18 in finals of E&Y Entrepreneur of the Year Award

18 in finals of E&Y Entrepreneur of the Year Award

Rediff.com2 Feb 2011

An eight-member jury, chaired by M Damodaran, the former chairman of Sebi, IDBI and UTI, nominated the finalists who will be felicitated on February 7.

Uncertain looms over realty values

Uncertain looms over realty values

Rediff.com5 May 2011

Home prices are unlikely to see any fall, with property developers saying they plan to pass on the increase in cost of borrowing to home buyers following the recent raising of bank interest rates.

Jaitley to review NPAs, credit growth with bank chiefs on Tuesday

Jaitley to review NPAs, credit growth with bank chiefs on Tuesday

Rediff.com24 Sep 2018

The meeting will review annual financial performance of public sector banks, credit offtake in the economy, priority sector lending and progress made under various social sector schemes, including Atal Pension Yojana (APY) and Pradhan Mantri Jan Dhan Yojana.

India seeks Mallya's deportation from UK

India seeks Mallya's deportation from UK

Rediff.com28 Apr 2016

ED has approached the MEA seeking initiation of deportation.

UK high court deals another blow to Mallya

UK high court deals another blow to Mallya

Rediff.com17 Apr 2019

The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it final should be adjourned until after the hearing of his pending bankruptcy petition.

Android users beware! Indian banks targeted by new malware

Android users beware! Indian banks targeted by new malware

Rediff.com7 Jan 2018

Being distributed through a fake Flash Player app, the malware is designed for stealing login credentials, hijacking SMSs, uploading contact lists and SMSs to malicious servers, reports Romita Majumdar.

In about 7 years, digital gold accounts cross 80 million

In about 7 years, digital gold accounts cross 80 million

Rediff.com11 Apr 2019

Digital gold is gold purchased online from various platforms including Paytm or Google Pay and stored in your online account.

Mallya fails to appear before court; ED to initiate action

Mallya fails to appear before court; ED to initiate action

Rediff.com29 Jul 2016

The Enforcement Directorate (ED) had also published in leading dailies the court-issued proclamation against Mallya for appearance before the special PMLA court.

Insurance cos join hands with Visa cards for

Insurance cos join hands with Visa cards for

Rediff.com23 Mar 2010

Visa and 20 insurance companies in India have joined forces to make paying life and general insurance premiums "faster and easier" through a range of new payment options for Visa cardholders

LIC may invest Rs 161 cr in Videocon

LIC may invest Rs 161 cr in Videocon

Rediff.com10 Jun 2010

Country's largest insurer LIC and four leading banks, including the IDBI Bank, may invest around Rs 161 crore (Rs 1.6 billion) in Videocon Industries to fuel its expansion programme.

Mallya faces bankruptcy proceedings in UK high court

Mallya faces bankruptcy proceedings in UK high court

Rediff.com18 Dec 2018

In a ruling in May, a UK high court judge had refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that the consortium of 13 Indian banks were entitled to recover funds amounting to nearly 1.145 billion pounds.

A few IPO swallows don't make stock market summer

A few IPO swallows don't make stock market summer

Rediff.com2 Sep 2010

Sure, a few listings like those of SKS Microfinance and Gujarat Pipavav have seen significant investor interest, but experts say it's too early to signal a primary market revival.

Mallya asked to appear before a Mumbai court on July 29

Mallya asked to appear before a Mumbai court on July 29

Rediff.com29 Jun 2016

Under Section 83 of the CrPC, ED may seek attachment of more of his property.

Mah Satyam wins tax case against Upaid

Mah Satyam wins tax case against Upaid

Rediff.com18 Aug 2010

Mahindra Satyam had filed a lawsuit in a New York court against Upaid, seeking to make it solely responsible for any tax liability arising from an out-of-court settlement reached by them.

RBI, Cabinet Secy scrutinising appointments of bank heads

RBI, Cabinet Secy scrutinising appointments of bank heads

Rediff.com15 Aug 2014

A panel headed by RBI Governor selects PSU bank chiefs.

Banks make loans more expensive

Banks make loans more expensive

Rediff.com1 Oct 2010

Lending rates have started rising after more than two years. Five banks have increased their benchmark lending rate -- or the base rate -- even as the country's largest lender, State Bank of India, decided to maintain status quo. All corporate and retail loan rates linked to the base rate will now go up.

India revokes Mallya's passport

India revokes Mallya's passport

Rediff.com24 Apr 2016

ED has approached the MEA seeking initiation of deportation proceedings against liquor baron Mallya

'Earned 75k dividend from my MF': Hold or sell?

'Earned 75k dividend from my MF': Hold or sell?

Rediff.com16 Dec 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Lenders to auction Kingfisher Villa on Wednesday

Lenders to auction Kingfisher Villa on Wednesday

Rediff.com18 Oct 2016

Price has been fixed at Rs 85.3cr

Revenue, transport secys in race for PFRDA top job

Revenue, transport secys in race for PFRDA top job

Rediff.com22 Dec 2009

In the fray are revenue secretary P V Bhide, transport secretary Brahm Dutt and IDBI Bank chairman Yogesh Agarwal. In addition, Devashish Gupta, a Jharkhand cadre IAS officer and West Bengal cadre officer Anil Verma were also in the contention, sources familiar with the selection process said.

Fortis-Khazanah tussle: 5-mth brewing of a bonanza

Fortis-Khazanah tussle: 5-mth brewing of a bonanza

Rediff.com27 Jul 2010

A cross-border takeover thriller that not only saw corporate action but also diplomatic dealings and slugfests among bankers.

More govt banks raise base rates

More govt banks raise base rates

Rediff.com4 Oct 2010

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.