Public-sector lender IDBI Bank has said it is planning to announce liquor baron Vijay Mallya's Kingfisher Airlines as a wilful defaulter. The bank, which has a Rs 750-crore (Rs 7.5 bilion) exposure......
Lenders are increasing pressure on liquor baron Vijay Mallya to facilitate repayment of the debts of his Kingfisher Airlines, which has not flown since 2012 and owes more than $1 billion to a......
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal. Illustration: Dominic......
M V Tanksale of Punjab National Bank may head Punjab & Sind Bank and R M Malla of the Small Industries Development Bank of India may take charge at IDBI Bank if the Central Vigilance Commission and......
SBI, IDBI Bank among a host of lenders holding asset-liability panel meets Days after the Reserve Bank of India lowered the repo rate in a surprise move, banks have set the ball rolling for a......