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As of on the National Stock Exchange of India ∙ Minimum 15 minute delay
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IDBI Bank To Sell Entire Stake In IDBI Asset Management To Muthoot Finance
IDBI Bank Ltd Says Approved Proposal For Sale Of Co's Entire Stake In Idbi Asset Management Ltd And Idbi Mutual Fund Trustee Company Ltd
India's IDBI Bank Reports Sept Quarter Net Loss 34.59 Billion Rupees
IDBI Bank Limited offers monetary intermediation of commercial banks, saving banks, postal savings bank and discount houses. The Company provides personalized banking and financial solutions to its clients. Its segments include wholesale banking, retail banking and treasury services. The corporate/wholesale banking segment includes corporate relationship covering deposit and credit activities other than retail. The retail banking segment includes credit and deposit activities that are oriented towards individuals and small business, including Priority sector lending. The Retail Banking segment also encompasses payment and alternate channels, such as automated teller machines (ATMs), point of sale (POS) machines, Internet Banking, mobile Banking, third party distribution and transaction banking services. Its treasury services segment includes trading portfolio of investments, money market operations, derivative trading, and foreign exchange operations on the account and for customers.
22nd floor, WTC Complex, Cuffe Parade
Mangalam Ramasubramanian Kumar
Non-Executive Non Wholetime Chairman of the Board
Chief Executive Officer, Managing Director, Additional Director
Chief Financial Officer
Chief Compliance Officer, Executive Director
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The Reserve Bank of India (RBI) has asked banks to ensure customers' debit and credit card data is secure and investigate reports that say data of 1.3 million accounts was available online, a notice seen by Reuters showed.
Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of the country but the related data should be brought back for local storage within 24 hours, the Reserve Bank of India (RBI) said on Wednesday.
IDBI Bank Ltd on Monday reported a loss for the ninth straight quarter, as provisions for bad loans continued to remain elevated and interest income declined.
India's central bank on Thursday removed Bank of India and Bank of Maharashtra from its prompt corrective action plan (PCA) for state-owned banks with high levels of bad debt and inadequate capital, confirming a Reuters newsbreak.
Ex-finance ministry official Shaktikanta Das took charge of the Reserve Bank of India on Tuesday, in a swift appointment expected to ease a dispute with the government as it pushes for looser credit rules ahead of a general election.
IDBI Bank Ltd posted its eighth straight quarterly loss on Wednesday, as the state-run lender set aside more funds for bad loans.
Shares in Yes Bank Ltd tanked more than 8 percent on Friday after the Reserve Bank of India (RBI) denied its request for a second time on Wednesday to extend Chief Executive Rana Kapoor's term.
Indian state-run lender IDBI Bank Ltd posted a seventh straight quarterly loss on Tuesday, sending its shares lower, as the bank continues to be plagued by the highest bad loan ratio in the sector.
IDBI Bank Ltd posted its seventh straight quarterly loss on Tuesday as mounting bad loans continued to weigh on the state-run lender.
India's federal cabinet on Wednesday approved a planned takeover of state-run IDBI Bank by state-run Life Insurance Corp through sale of new shares in the lender, Finance Minister Piyush Goyal said.
State-run Life Insurance Corp of India's (LIC's) board on Monday approved a proposal to acquire a 51 percent stake in IDBI Bank, in a move that will provide the embattled lender much-needed capital to set aside for bad loans.
State-run Life Insurance Corp of India's board has approved raising its stake in state-run IDBI Bank to 51 percent, Economic Affairs Secretary Subhash Chandra Garg told reporters on Monday.
India's insurance regulator has allowed the country's largest state-run insurer Life Insurance Corporation (LIC) to buy a stake of up to 51 percent in state-owned lender IDBI Bank, according to media reports on Friday.
The Indian government on Monday appointed IDBI Bank Ltd Chief Executive Officer Mahesh Kumar Jain as a deputy governor of the central bank for three years.
* Bank of Baroda posts 31.02 bln rupee loss, IDBI's loss 56.63 bln
India's IDBI Bank Ltd reported a loss of 56.63 billion rupees ($834.82 million) for the fourth quarter, hurt by higher provisions for bad loans.
* IDBI says one loan in probe became non-performing asset (Adds further details)
India's federal police agency said on Thursday it was investigating an alleged 6 billion rupee ($90 million) loan fraud at IDBI Bank <IDBI.NS>, and former senior bank officials were among those being investigated.
* RESERVE BANK OF INDIA IMPOSES MONETARY PENALTY OF 30 MILLION RUPEES ON IDBI BANK LIMITED Source text - https://bit.ly/2HaGkHt
* CLARIFIES ON NEWS ITEM THAT SAID CBI BOOKS EX-GM OF CO FOR FRAUD
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