Two IDBI Bank entities lose chief executives

IDBI Federal Life Insurance managing director (MD) & chief executive officer (CEO) G V Nageswara Rao is leaving at the end of this month.  Sanjay Sharma, chief executive and managing director......

IDBI Bank waives all service charges

Paying for facilities like issuance of demand drafts, cheque books, credit or debit cards and ATM interchange may soon become passe as public sector lender IDBI Bank on Wednesday waived-off all......

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......

How life will change for the employees of IDBI Bank

The government has asked the Indian Banks’ Association to make sure that IDBI Bank’s wages are at par with other banks. The government has asked IDBI Bank to align with other......