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Ajit Ranade, Former AGM, IDBI, and Naresh Kurup, Former Chief Brand Office
Updated : 2 years, 4 months ago IST
Bangalore (Karnataka) [India], November 21: Translab, a leading innovator in digital transformation for financial services, healthcare, and utilities, has added Ajit Ranade as Executive Domain Advisor for Banking, Financial Services, and Insurance (BFSI) and Naresh Kurup as Chief Marketing O
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CBI registers FIR against 'Lamhaa' movie producers over alleged bank fraud
Updated : 2 years, 10 months ago IST
The persons identified as accused in the FIR were directors of GS Entertainment Pvt Ltd (GSEPL) Jaspreet Singh Walia (alias Bunty Walia) and Guneet Singh Walia (alias Jassi Walia). It also mentioned the name of Stany Saidanha, chartered accountant and others.
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IB Group appoints RS Sodhi, Ex MD - Amul along with Bob Dobbie Ex Presiden
Updated : 2 years, 11 months ago IST
New Delhi [India], April 19 (ANI/GPRC): IB Group one of India's largest diversified group, is constantly striving to bring the country's PROTEIN & ENERGY requirement to meet the world-class standards. IB Group's cumulative turnover for the most recent financial year was 9,000 Crore. In i
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IDBI Bank divestment on track, reports on possible delay speculative: DIPA
Updated : 3 years ago IST
Reports of a possible deferment of the disinvestment of IDBI Bank are speculative and baseless, and the transaction continues to be on track, said the Department of Investment and Public Asset Management (DIPAM) on Friday.
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Three accused persons, in 2 different bribery cases, sentenced 2-4 yrs imp
Updated : 3 years, 1 month ago IST
The Special Judge for CBI cases, Visakhapatnam, on Thursday sentenced Surendranath Datti, former assistant general manager-cum-centre head of IDBI Bank Ltd's Vizag Retail Asset Centre, to two years imprisonment in a bank fraud case.
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IDBI Bank posts 60 pc growth in profit in third quarter
Updated : 3 years, 2 months ago IST
The Bank's interest income went up 13 per cent to Rs 5,231 crore, against Rs 4,624 crore in the year-ago period. Non-interest income decline 25 per cent to Rs 857 crore against Rs 1,138 crore in the year-ago period.
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CBI registers four separate cases against accused on allegations of bank f
Updated : 3 years, 2 months ago IST
The Central Bureau of Investigation (CBI) registered four separate cases of complaints from Canara Bank, Punjab National Bank, IDBI Bank Ltd. and EXIM Bank respectively against the accused and others including a private company.
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ED attaches assets worth Rs 20.31 crore in IDBI Bank loan fraud case
Updated : 3 years, 2 months ago IST
The Enforcement Directorate (ED) has provisionally attached immovable assets having market value of Rs 20.31 crore belonging to accused Mada Subrahmanyam, Mada Srinivasa Rao, Ganduri Mallikharjuna Rao, Eluri Prasada Rao, their family members and firms under the money laundering act in con
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Govt may extend dateline for submitting expression of interest of IDBI Ban
Updated : 3 years, 3 months ago IST
In October, the government and the LIC decided to offload a little over 30 per cent each in IDBI Bank. They issued a preliminary information memorandum, inviting EoIs for an aggregate 60.72 per cent stake, along with management control.
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Govt, LIC to divest 60.72 per cent stake in IDBI Bank
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI): The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.
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IDBI Bank shares surge on bad loan recovery, privatisation buzz
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 26 (ANI): Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privati
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Mitsu Chem Plast Ltd files DRHP for FPO
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 19 (ANI/PNN): Mumbai-based Mitsu Chem Plast Ltd has filed the draft red herring prospectus for proposed further public offering ("FPO") with SEBI. The Further Public Offering of equity shares (to be finalised at the time of allotment) of Rs. 10 each for cas
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