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Procedural delays likely in IDBI Bank stake sale; bids expected in Q3

The strategic sale of government and state-owned Life Insurance Corporation (LIC) of India stakes in IDBI Bank might encounter procedural delays, potentially pushing the timeline for expected......

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......

Banks alert customers about mobile banking malware targeting over 200 apps

Several Indian banks have alerted their customers not to download apps from any source other than official app stores. Illustration: Dominic Xavier/Rediff.com Banking customers are being targeted......

Will the entry of PEs into banks lead to better governance?

In recent years, the conduct of a few private banks’ corner-room occupants and the role of their boards have come into sharper relief. Raghu Mohan reports. Illustration: Uttam......

Why IDBI Bank will find recovery an uphill task

It has Rs 20,500 crore of standard stressed pool outstanding as of June 2018. Thus, the entire stressed book (net NPAs and standard stressed pool) is nearly two times its net worth. While......

Rediff News

Idbi Bankrsquo

News for Idbi Bankrsquo

Procedural delays likely in IDBI Bank stake sale; bids expected in Q3

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

Banks alert customers about mobile banking malware targeting over 200 apps

Will the entry of PEs into banks lead to better governance?

Why IDBI Bank will find recovery an uphill task

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