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Kotak’s asset quality gains drive robust Q4 show: Dnyanada VaidyaKotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates f...
Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemesSenior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...
SC turns down Anil Ambani plea against 'fraud' tagThe Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
Lenders' fields may yield less as collections wilt in summer"Collections fell by about two percentage points last summer, and we expect a similar dip this year," said the head of a non-bank lender, w...
Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
IDBI Bank loan sale: Rs 280-crore MSME loans on the blockBefore IDBI Bank, other banks like Indian Overseas Bank (IOB) and RBL Bank have sold their MSME loans in the last quarter. IDBI's offer has...
IDBI Bank CEO says lender can recover $2.4 billion in bad loansIndia is considering selling at least 51% of the $5 billion bank, people familiar with the matter have said, in what is set to be the bigge...
IDBI's loan book well-balanced now, aim to keep retail at 60%: CEO Rakesh SharmaIDBI always had more corporate exposure but since PCA (prompt corrective action) was imposed, partly due to force and partly by choice, we ...
IDBI Bank expects loan book to grow by 10% in FY22"I am expecting an overall growth of 10%. Our liquidity and capital position is quite comfortable," says IDBI Bank's MD and CEO Rakesh Shar...
IDBI raises MCLR by 5-10 bpsThe new lending rates took effect from August 12, the bank said in a statement.
CBI probes documents on loans to Aircel ex-promoter: IDBI BankThe state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing asset (NPA) or bad loa...
Vijay Mallya used IDBI loan for KFA to fly private jet: ChargesheetAviation profits, however, plunged from 2008 in kilter with a decelerating global economy and subsequent record prices of crude oil, pushin...
CBI probe into Vijay Mallya may widen to more banksAbout two dozen banks including IDBI under scanner for alleged irregularities in loans to KFA.
IDBI slashes lending rates by 40 bps to 9.30 per cent for 3 yearsIn the past, banks have lowered rates by just 5 bps to 10 bps. This is the first time a bank announced a sharp cut of 40 bps in one go.
IDBI Bank plunges as CBI registers inquiry against loan to Kingfisher Airlines"CBI has registered a preliminary enquiry (PE) to enquire into the role of IDBI and KFA," the CBI spokesperson said on Saturday.
CBI registers inquiry against Kingfisher Airlines, IDBI BankCBI is looking into the Rs 950 crore alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit rati...