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LOAN DEFAULTS IN IDBI
‘IDBI Bank was handed over to us in poor shape’: Sitharaman hits back at Rahul Gandhi amid sale rowNirmala Sitharaman responded to criticisms regarding the sale of IDBI Bank's majority stake. The bank was previously in poor condition and ...- Fairfax's IDBI deal premium justified by strategic fit, scale: AnalystsAnalysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
- Group entities to reconcile, settle dues with lenders: Essel ChairmanSubhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlig...
- NCLAT dismisses IDBI Bank's plea for insolvency against Zee EntertainmentThe NCLAT dismissed IDBI Bank's plea to initiate insolvency proceedings against Zee Entertainment, upholding an order by the NCLT. The trib...
- NCLAT adjourns hearing on IDBI's insolvency plea against Zee Entertainment to Dec 6IDBI Bank in its plea has challenged the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which, on May 19, 2023, had...
- IDBI Bank moves NCLAT against Zee; challenges NCLT orderIDBI bank has moved the National Company Law Appellate Tribunal (NCLAT) against Zee Entertainment to challenge an NCLT order, which rejecte...
- India's IDBI Bank secures USD 239 million debt judgement in UK High CourtMumbai-headquartered IDBI had entered into loans totalling USD 148 million with two Singapore registered companies -- Varada Drilling One P...
- NCLT admits insolvency plea against WizcraftIDBI Bank had given a loan to Great Indian Nautanki Company (GINC), a subsidiary of Wizcraft that runs India’s first live entertainment des...
- Cite rules under which look out circulars were issued against Mallya: CIC to CBIThe CBI had issued a fresh LOC against Mallya in the last week of November, 2015 asking airport authorities across the country to "inform" ...
- Bankers charged by investigative agenciesHere is a list of bankers who have been charged by investigative agencies in last few months.
- 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...
- CBI probe into Vijay Mallya may widen to more banksAbout two dozen banks including IDBI under scanner for alleged irregularities in loans to KFA.
- CBI court issues warrant against Vijay Mallya in IDBI loan caseCBI 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...
- 2 United Breweries Group companies settled dues just before Kingfisher Airlines sought fresh loan from IDBI: CBIThis was mentioned in the charge sheet filed by CBI on Tuesday in a special court here.
- IDBI loan default case: ED attaches assets worth Rs 1,411 crore of Vijay MallyaED yesterday moved a special PMLA court in Mumbai seeking to declare liquor baron Vijay Mallya a proclaimed offender.
- KFA case: CBI quizzes top KFA, UB Group officials for 2nd dayCBI questioned two top former officials of the Kingfisher Airlines and UB Group for the second day in connection with the loan default case...
- CBI likely to file more FIRs into Kingfisher loansCBI is likely to register more FIRs into alleged loan defaults of Kingfisher even as it plans to expand its probe into the allegations of d...
- IDBI Bank to declare Kingfisher Airlines wilful defaulterOther banks like SBI and PNB are also ready to declare the airline a wilful defaulter after a report by Ernst & Young pointed to gaps in it...
- Concern in Rajya Sabha over rising number of bank loan defaultsRaising the issue during Zero Hour, K C Tyagi said ever since nationalisation of banks in the late 60s, "several lakh crores were due on ca...
- Not being investigated over Kingfisher loan: IDBI BankThe CBI has launched an initial probe over the loan against both companies, a spokeswoman for the agency said on Saturday.
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