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Idbi Bank In Mumbai

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IDBI Bank has deferred tax assets of Rs 11,520 cr

 The government has informed the prospective asset valuers of IDBI Bank that the lender has deferred tax assets of Rs 11,520 crore and 120 properties in the top seven cities including Mumbai, Pune,......

Kingfisher Airlines: IDBI Bank GM conspired with Mallya

 A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central Bureau of Investigation said in......

Cabinet clears strategic divestment in IDBI Bank

 The Cabinet on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank in line with the Budget announcement earlier this year. The......

IDBI to be merged into IDBI Bank

 The Industrial Development Bank of India will be merged into its subsidiary IDBI Bank, in a reverse merger on similar lines as the merger of ICICI into its subsidiary ICICI Bank.Union Minister of......

Poor credit offtake may affect IDBI Bank: Fitch

 Rating agency Fitch has downgraded IDBI Bank's individual rating to 'D' from 'C/D' and also its Rs 1,500 crore (Rs 15 billion) Upper Tier-II subordinated bond programme to 'AA-(ind)' from......

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