News for 'Idbi Home Finance'

Business

IDBI Home Finance sale faces hurdles

The IDBI Bank board will meet on Friday to decide if the bank should sell its wholly-owned subsidiary, IDBI Home Finance, to Dewan Housing Finance Corporation at a valuation that is below what has...

IDBI Home will cease to exist, post-merger

IDBI Home Finance will be dissolved following the merger of Industrial Development Bank of India with IDBI Bank. Home loans will be handled solely by IDBI Bank, which will function as a strategic...

Vora takes over as chief of IDBI home finance arm

P P Vora, chairman and managing director Industrial Development Bank of India, has been made chairman of the institution's new housing finance subsidiary. Industry sources said Vora may also be...

Private Talent At PSU Banks Is Welcome, But...

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In...

LIC Housing or IDBI has to stop home loan biz by Nov 2023

With Life Insurance Corporation (LIC) becoming a parent company of both IDBI Bank and LIC Housing Finance, either of the subsidiaries will have to wind down its home loan business in the next 20...