IDBI & Indian Bank CEOs likely to swap roles from AprilBank chiefs to mutually decide on a date and seek consent from the finance ministry, said industry sources.
21 Mar, 2017, 08.13 AM IST
CEOs of IDBI Bank and Indian Bank to swap banks from next fiscal yearGovernment has directed MK Jain, chief of Indian Bank to take charge at IDBI Bank while Kishor Kharat, CEO of IDBI Bank is directed to join...
20 Mar, 2017, 06.17 PM IST
Government plans to swap CEOs of IDBI Bank and Indian BankThis would be first instance of a CEOs of a large bank moving to a smaller bank. In the past, government has elevated chief of smaller bank...
17 Mar, 2017, 11.59 PM IST
IDBI Bank freezes lending & branch expansion plans“The circumstances are such that we are not in a position to expand or lend in a big way because of constrains to the capital," Kishor Khar...
27 Feb, 2017, 08.36 AM IST
IDBI Bank rallies 3% as govt looks to cut its holding to 52%As of June 30, the government’s stake in the lender stood at 73.98 per cent. The bank has not announced any capital support to the bank for...
07 Oct, 2016, 05.10 PM IST
IDBI Bank has shareholder nod to raise Rs 8,000 crore; centre says lender free to choose funding routeIDBI Bank already has shareholder approval to raise Rs 8,000 crore of capital, Managing Director Kishor Kharat told ET.
07 Oct, 2016, 01.43 AM IST
Decision on IDBI Bank stake sale likely this fiscal: Kishor KharatThe government in December gave approval to IDBI Bank for raising Rs 3,771 crore during the year, by way of QIP, a move which will dilute i...
06 Jun, 2016, 07.43 PM IST
IDBI Bank employees threaten to strike at fiscal-end against government's move to reduce stakeMost of the 6,000-odd comments posted on the bank’s internal website blamed CEO Kishor Kharat for the proposed "privatization".
08 Mar, 2016, 12.52 PM IST
CDC and GIC, too, keen on stake in IDBI Bank: Kishore KharatKishore Kharat said that IDBI Bank has received interest from UK’s CDC and Singapore’s GIC to acquire a stake in the bank.
02 Mar, 2016, 04.45 AM IST
IDBI Bank unveils Rs 20,000-crore investment plan over three yearsA day after Finance Minister Arun Jaitley said the government may consider bringing down its stake in state-run IDBI Bank to below 50 per c...
01 Mar, 2016, 10.31 PM IST
CDC, GIC may pick up stake in IDBI BankGovernment-owned IDBI Bank has received interest from UK’s CDC and Singapore's GIC to acquire a stake in the bank, its chief executive conf...
01 Mar, 2016, 06.45 PM IST
IDBI reports largest quarterly loss by Indian bank at Rs 2,184 croreState-owned IDBI Bank posted a standalone net loss of Rs 2,183.68 crore for the December quarter of the current fiscal, hit by higher provi...
13 Feb, 2016, 11.29 AM IST
IDBI Bank becomes first commercial state-owned bank to raise $350 million via selling green bondsIDBI Bank has become the first commercial state-owned bank to raise $350 million via selling green bonds, where proceeds are used for clean...
23 Nov, 2015, 10.09 PM IST
IDBI Bank's profits remained flat at Rs 119.5 croreGovernment owned IDBI Bank net profit remained flat Rs 119.5 crore in the second quarter of this fiscal year ending September 2015 as the d...
04 Nov, 2015, 07.50 PM IST
IDBI Bank expects to double balance sheet by 2019: MDIDBI Bank managing director and chief executive Kishore Kharat today said the bank is expecting to double its balance sheet by 2019 and a n...
23 Sep, 2015, 10.19 PM IST
IDBI sees opportunities in development projects of CentreIDBI Bank MD and CEO Kishor Kharat also said that he expects RBI to cut policy rate by 0.25 percentage point later this month.
19 Sep, 2015, 10.35 PM IST
Kishor Piraji Kharat takes charge as MD & CEO of IDBI BankKishor Piraji Kharat has assumed charge as managing director & chief executive director of IDBI Bank with effect from August 14, 2015.
17 Aug, 2015, 09.32 PM IST