News for 'bank-of-india-ltd'

Public sector banks declare war on corporate defaulters

Why banks are going hammer and tongs behind defaulters.

IDBI, Fortis plan insurance JV

Industrial Development Bank of India Ltd on Monday said it will enter into a memorandum of understanding with Netherlands-based Fortis Insurance International NV for setting up a joint venture company. \n

IDBI Bank to merge with IDBI

The board of directors has taken in-principle decision to merge IDBI Bank Ltd with IDBI, the financial institution informed the Bombay Stock Exchange on Thrusday.

VRS to cost IDBI Rs 75 cr

Rate cuts likely even as RBI talks tough on inflation

Despite no change in interest rates, India's largest lender, State Bank of India, last week became among the latest to lower deposit rates, often a precursor to lower lending rates, something some banks have already done for certain consumer loans.