Idbi Bank And United Western Bank

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United Western Bank to merge with IDBI

The Reserve Bank of India told IDBI on Tuesday to acquire the distressed United Western Bank, which the central bank had put under moratorium by the RBI on September 2.In the process, IDBI bested a......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff In September 2006, the Union government had put the Satara......

IDBI scouting for buyouts, 2 banks on radar

After acquiring United Western Bank three years ago, IDBI Bank is now once more on the prowl for acquisitions. The bank has identified two Indian lenders as possible acquisition targets, its......

'We'll make UWB a strategic unit: IDBI chief

Two years ago, IDBI Bank was merged with IDBI. With the acquisition of United Western Bank, IDBI will more than double its branch network. Its chairman, VP Shetty tellsBusiness Standard what lies......

UWB bad loans may hit IDBI

Global rating agency Standard & Poor'ssaid on Thursday United Western Bank's huge bad loans may affect IDBI's financial profile negatively. However, it said there is no immediate impact on IDBI......

Idbi Bank And United Western Bank

News for Idbi Bank And United Western Bank

United Western Bank to merge with IDBI

India Opens Doors To Foreign Banks, But...

IDBI scouting for buyouts, 2 banks on radar

'We'll make UWB a strategic unit: IDBI chief

UWB bad loans may hit IDBI

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