Tag: IDBI
With major infusion of fresh liquidity arising from the demonetisation measure, state-run State Bank of India said on Sunday it had cut its lending rates by 90 basis points for maturities ranging from overnight to three-year tenures, after experiencing a surge in deposits.....
The CBI on Monday arrested four former IDBI Bank officials, including a former Chairman, and four former executives of now-defunct Kingfisher Airlines in its ongoing probe into the Vijay Mallya loan default case, officials said.....
An umbrella body of nine bank unions has called a day-long strike on Tuesday to protest the government's "anti-people banking reforms" and to press for compensation to employees for extra work done on account of demonetisation and booking loan defaulters.....
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a capital infusion of Rs 4,557 crore by the government in the IDBI Bank.....
The two day nationwide banker's strike in protest against privatisation of government banks was a total success, said the top leader of a major union. ....
Banking services are likely to be affected across the country as lakhs of bank employees went on a two-day strike from Monday protesting the privatisation of two public sector banks and 'retrograde' banking reforms. ....
Employees of the IDBI Bank will strike on Monday pressing demands like wage revision, opposing out sourcing and others, said a top leader of All India Bank Employees' Association (AIBEA).....
The Reserve Bank of India has turned its attention to meeting the funding requirements of NBFCs, MFIs and housing finance by providing special refinance facilities of Rs 50,000 crore to All India Financial Institutions (AIFIs) such as the NABARD and the SIDBI. ....
The Central Bureau of Investigation submitted a detailed charge-sheet against absconding liquor baron Vijay Mallya and others in the Rs 1,300 crore loan default involving the defunct Kingfisher Airlines and IDBI here on Tuesday, an official said.....
Automated Teller machines (ATMs) in Delhi and NCR are yet to regain normalcy even though Prime Minster Narendra Modi's deadline for 90 days got over on Thursday.....