Central Bank of India is set to launch its IFSC Banking Unit at GIFT City next month with an aim to expand its international banking operat...

Bank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...

Kotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates f...

Senior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...

The Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...

IDBI always had more corporate exposure but since PCA (prompt corrective action) was imposed, partly due to force and partly by choice, we ...

IDBI’s top management modified various conditions of the loan, including interest rates, its ‘medium-term loan’ classification, corporate g...

The 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...

Aviation profits, however, plunged from 2008 in kilter with a decelerating global economy and subsequent record prices of crude oil, pushin...

About two dozen banks including IDBI under scanner for alleged irregularities in loans to KFA.

CBI said undue favours were shown to KFA in sanctioning and disbursal of loans of Rs 1,300cr and there were many acts of omission and commi...

Lawyers, Abad Ponda and Girish Kulkarni, argued for bail as all of them come from respectable families and have roots in the society.

This was mentioned in the charge sheet filed by CBI on Tuesday in a special court here.

The court had on Saturday reserved its order till today. It is likely to hear the arguments of KFA and may pass an order on ED's NBW reques...

Investigators say they have reason to believe that pressure from the top was a reason behind the unusually fast clearance and that this asp...

The bank’s ability to absorb higher credit costs is relatively limited as its profitability factor is the lowest among public sector banks.

State-owned IDBI Bank’s credit quality may worsen due to its high exposure to stressed corporate loans along with weak profitability