Tag: idbi bank

11 million avail Rs 2.75 lakh crore under govt’s credit guarantee scheme

More than 11 million businesses and individuals have availed nearly ₹2.75 lakh crore under the government’s credit guarantee scheme to provide working capital and emergency...

DIPAM seeks bids for transaction advisor for IDBI Bank strategic disinvestment, last date July 13

The department of investment and public asset management (DIPAM) Tuesday issued a request for proposal for appointing transaction advisor for strategic disinvestment and transfer of...

These banks offer unlimited free ATM transactions. Details here

The Reserve Bank of India (RBI) has recently allowed the banks to increase the charges for cash and non-cash ATM transactions beyond the free monthly...

LIC-IDBI Bank launch Rupay prepaid gift card ‘Shagun’

LIC Cards Services Limited (LIC CSL) joined hands with IDBI Bank to launch launched contactless prepaid gift card ‘Shagun’ on RuPay platform. This card is...

Jaypee Infra insolvency: Suraksha group submits bid just before lenders meet on Monday

Suraksha group on Monday submitted “improved revised” bid to acquire debt-laden (JIL), offering more funds to banks while reducing timeline to complete some stalled projects...

jaypee infratech: Creditors’ panel defers voting on Suraksha’s offer for bankrupt-Jaypee Infratech: IRP

Jaypee Infratech’s financial creditors have decided to defer the voting process on Suraksha group’s bid, that was scheduled to start from Monday noon, to acquire...

Suraksha ARC seeks “fair & unbiased” process in Jaypee Infra insolvency

Suraksha Asset Reconstruction Company, one of the two bidders for Jaypee Infratech under the insolvency procedure, has called upon the troubled real estate developer’s creditors...

Jaypee Infratech insolvency: NBCC sweetens bid, to offer up to 1,903 acres land to lenders

State-owned Ltd has sweetened its bid and will offer up to 1,903 acre land parcels to lenders as against the earlier offer of 1,526 acres...

RBI’s Positive Pay acts like insurance for cheques

To make cheques safer, the Reserve Bank of India (RBI) has asked banks to implement a system called Positive Pay from January 2021. The system...

multibaggers: Where to look for multibaggers in banks?

If you want multibagger opportunities, then go for the bottom two-three private sector banks which have had stellar growth rate in the past but since...

LIC made Rs 10,000 crore profit in equity since April 1: Chairman

MR Kumar says the insurance behemoth may bring in outside fintechs and insurance techs to grow scale The productivity of LIC Agents and that of...

No divestment yet against target of Rs 2.1 lakh crore for 2020-21; officials blame Covid

New Delhi: Almost five months into the financial year, the department of investment and public asset management (Dipam) is yet to open its account, although...

Vijay Mallya: Indian banks pursue Mallya bankruptcy order in UK court

A consortium of Indian banks led by the State Bank of India (SBI) are pursuing their bankruptcy order against liquor tycoon Vijay Mallya in the...

NCLAT gives conditional go-ahead to NBCC for Jaypee Infratech

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked state-owned-NBCC to implement its proposal to acquire debt ridden Jaypee Infratech and complete...