Search For "idbi"
Technology essential to implement reforms: Rajeev Kumar
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 24 (ANI): Department of Financial Services (DFS) Secretary Rajeev Kumar on Wednesday said that technology needs to be used extensively to implement the banking reforms for a fast, clean, and transparent economy.
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Capital infusion reaffirms Centre's trust in PSBs: IOB
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
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IDBI gains maximum capital infusion from Centre
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.
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PhonePe app launches gold option for customers
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 14 (ANI): PhonePe, an Indian digital payments company has announced the launch of the Gold category on its app today to enable users to buy and sell certified 24 Karat gold directly from their bank account.
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Banks failed to evaluate credit-worthiness of KFA: Mallya's team
Updated : 8 years, 3 months ago IST
London [UK], December 08 (ANI): An expert witness called by Vijay Mallya's defence team on Thursday described as "superficial" the processes employed by banks to grant loans totalling more than Rs 2,000 crore to now-defunct Kingfisher Airlines in 2009.
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Prosecution lays out damning case against Mallya as extradition proceeding
Updated : 8 years, 3 months ago IST
London [UK], Dec 5 (ANI): Britain's Crown Prosecution Service (CPS) outlined the Indian Government's case against liquor baron Vijay Mallya, on Monday.
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Here are four lending platforms that are helping unbanked SMEs
Updated : 8 years, 4 months ago IST
New Delhi [India], November 4 (ANI): Despite being a major part of the Indian economy, Small and medium-sized enterprises (SMEs) in India face multiple challenges.
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ED attaches assets worth Rs. 12 Crore of businessman U.K. Das
Updated : 8 years, 6 months ago IST
New Delhi [India], Sept 26 (ANI): Enforcement Directorate (ED) on Tuesday attached properties worth Rs 12 Crore belonging to Ujjal Kumar Das and his family members of Kolkata, in connection with a bank fraud case, under the provisions of Prevention of Money Laundry ACT (PMLA).
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SC provides interim relief to ten flat buyers in Jaypee's Calypso project
Updated : 8 years, 6 months ago IST
New Delhi [India], September 13 (ANI): The Supreme Court on Wednesday has provided interim relief to ten flat buyers in Jaypee's Calypso project.
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IDBI Bank on RBI's radar for bad loans
Updated : 8 years, 7 months ago IST
New Delhi [India], May 10 (ANI): The Reserve Bank of India (RBI) on Wednesday invoked prompt corrective action (PCA) on government-owned IDBI Bank due to its bad loans and return on assets (ROA).
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Vijay Mallya loan default case: Bail for six accused, denied to three incl
Updated : 8 years, 7 months ago IST
New Delhi [India], Feb. 10 (ANI): A special CBI court on Friday granted bail to six accused in the Vijay Mallya loan default case, where IDBI bank employees allegedly sanctioned about Rs 900 crore loan to KFA while it was having a low credit rating.
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Mallya loan default case: Bail applications of IDBI, KFA adjourned till Fe
Updated : 8 years, 7 months ago IST
Mumbai [Maharashtra], Feb. 4(ANI): Mumbai's Special CBI court on Saturday adjourned the bail applications of IDBI and Kingfisher Airline (KFA) employees in the Vijay Mallya loan default case till February 7.
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