Vijay Mallya slams ED, banks for taking more than 2x his debt

Mallya said more than Rs 8,000 crore have been recovered from him over and above the judgement debt. Photograph: Simon Dawson/Reuters Fugitive businessman Vijay Mallya has said that he will......

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,......

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......

IDBI Bank financial bids expected by June

The government and Life Insurance Corporation’s (LIC’s) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the......