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Latest Articles in idbi

STPI Inks Two MoUs To Support Startups

Tarders can now avail automated insights and customised trading strategies through this partnership

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Divestment Of Majority Sovereign Ownership In Public Sector Banks To Be Credit Negative For These Psbs: ICRA

As per ICRA’s estimates, cumulatively these banks reported losses of Rs 1.08 trillion during FY2016-FY2020 and GoI had to infuse Rs 766 billion of capital during this period.

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CBI Files New Case Against Videocon CMD Venugopal Dhoot For 'Undue Pecuniary Gains' To Company

The enquiry has revealed that in 2008, Videocon Hydrocarbons Holding (VHHL), a subsidiary of VIL acquired 10 per cent participating interest in oil and gas block in Rovuma Area 1 block in Mozambique from Anadarko.

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Crisil Assigns A-plus Rating For IDBI's Rs 2,000 Crore Tier-II Bonds

The rating continues to factor in expectation of strong support from Life Insurance Corporation (LIC) and the government both on an ongoing basis and in the event of distress.

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Recapitalization Through The IDBI Deal Lens

The IDBI deal may serve as a template for recapitalisation of not just struggling banks but also other core sector companies

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LIC Board Nod For Acquisition Of Up To 51 Pc Stake In IDBI Bank

LIC stake buy will help the debt-ridden state-owned bank get a capital support of Rs 10,000-13,000 crore

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The New LIC “Policy” For IDBI: Insuring Corporate Mortality

Though LIC has been the favorite milking cow since times immemorial for the Government of the day, it has been generally used to prop up markets during bear assaults or helping pick up some residual stakes during partially unsuccessful divestment initiatives

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Fishy Loans: CBI Registers 3 FIRs In Rs 743 Crore NPA In IDBI Bank

It is alleged that the loans were issued without proper loan documents, without conducting pre-sanction and post sanction inspections and without ascertaining the end use of the loan

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India Asks UK Court To Extradite Tycoon Vijay Mallya On Fraud Charges

Mark Summers, a British lawyer acting for India, told the court at the start of a two-week extradition hearing that it was entitled to conclude that he never intended to repay money borrowed by Kingfisher from IDBI in 2009

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IDBI Bank Planning To Sell 1.5% Stake In NSE

This exercise is part of the bank’s initiative to exit from non-core businesses

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