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IDBI Home Finance sale faces hurdles

The IDBI Bank board will meet on Friday to decide if the bank should sell its wholly-owned subsidiary, IDBI Home Finance, to Dewan Housing Finance Corporation at a valuation that is below what has......

Vora takes over as chief of IDBI home finance arm

P P Vora, chairman and managing director Industrial Development Bank of India, has been made chairman of the institution's new housing finance subsidiary. Industry sources said Vora may also be......

IDBI Home will cease to exist, post-merger

IDBI Home Finance will be dissolved following the merger of Industrial Development Bank of India with IDBI Bank. Home loans will be handled solely by IDBI Bank, which will function as a strategic......

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......

Lenders expect robust retail credit in festive season

This expectation is based on resilient demand, government initiatives, and elections in key states. Illustration: Dominic Xavier/Rediff.com Lenders in India, comprising banks and finance......

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