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IDBI Bank Shares Surge On Bad Loan Recovery, Privatisation Buzz
- Friday August 26, 2022
- Business | Asian News International
Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privatisation process.
- www.ndtv.com/business
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IDBI Bank's March Quarter Profit Sees 35% Rise
- Monday May 2, 2022
- Business | Press Trust of India
IDBI Bank on Monday posted 35 per cent rise in net profit at Rs 691 crore for the quarter ended March 2022 due to fall in bad loan provisions
- www.ndtv.com/business
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Probe Agency Attaches Assets Worth Rs 100-Crore In Bank Loan Fraud Case
- Thursday December 23, 2021
- India News | Press Trust of India
The Enforcement Directorate on Thursday said it has attached assets worth Rs 100 crore of a "habitual offender", who took new loans to repay old ones, and is being probed for money laundering linked to alleged fraud against an IDBI branch in Andhra P
- www.ndtv.com
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IDBI Bank Secures $239 Million Debt Judgment In London High Court: Report
- Thursday June 3, 2021
- Business | Press Trust of India
IDBI had entered into loans totalling $148 million with two Singapore registered companies -Varada Drilling One Pte Ltd and Varada Drilling Two Pte Ltd - for the construction of two jack up drilling rigs
- www.ndtv.com/business
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RBI Lifts IDBI Bank Out Of Corrective Action List After Four Years
- Wednesday March 10, 2021
- Business | Reuters
IDBI Bank was placed under the so-called PCA framework in 2017 over its high bad loans and negative return on assets, at a time when Indian lenders battled record levels of soured assets, prompting the RBI to tighten thresholds.
- www.ndtv.com/business
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IDBI Bank Repo-Linked Retail Loans Effective From October 1
- Monday September 9, 2019
- Business | Indo-Asian News Service
IDBI Bank had earlier said that it would introduce repo rate-linked home and auto loans with effect from September 10.
- www.ndtv.com/business
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LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank
- Friday February 15, 2019
- Business | Indo-Asian News Service
Gross bad loans as a percentage of total loans stood at 24.72 per cent at end-December compared with 24.98 per cent in the previous quarter.
- www.ndtv.com/business
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IDBI Fraud Case: Probe Agency Attaches Rs 224 Crore Properties Of Siva Group
- Friday February 1, 2019
- India News | Press Trust of India
The Enforcement Directorate (ED) on Friday said it has attached assets worth Rs 224.6 crore of a firm linked to former Aircel promoter C Sivasankaran in connection with a money laundering probe in an alleged multi-crore loan fraud at IDBI Bank.
- www.ndtv.com
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IDBI Bank Reports Eighth Straight Quarterly Loss On Higher Provisions
- Wednesday November 14, 2018
- Business | Thomson Reuters
Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 per cent to Rs 5,482 crore.
- www.ndtv.com/business
-
RBI Sees Banks' Bad Loans Crossing 12% By End Of Fiscal Year
- Tuesday June 26, 2018
- Business | Indo-Asian News Service
Of the 11 banks under PCA, six are likely to experience capital shortfall relative to the required minimum risk-weighted assets ratio of 9%, said RBI.
- www.ndtv.com/business
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Opinion: IDBI Deal Is Money Down The Drain For Life Insurance Corporation
- Tuesday June 26, 2018
- Business | Andy Mukherjee, Bloomberg Opinion
If LIC cares about its fiduciary responsibility to policyholders, it will pass this one up. But then, it can never say no to New Delhi. LIC already owns about 11 percent of IDBI, thanks to its previous participation in rescue missions.
- www.ndtv.com/business
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Bad Loans Push State-Run Banks Losses To Highest-Ever In FY18: Report
- Wednesday May 30, 2018
- Business | Thomson Reuters
For the fourth quarter alone, total losses in the state-run banks were Rs 62,681 crore - negating modest profits at Indian Bank and Vijaya Bank.
- www.ndtv.com/business
-
CBI Names BSE Chairman Among Others In 600 Crore Loan Fraud
- Saturday April 28, 2018
- India News | Press Trust of India
The CBI on Friday searched the residences of six former and current officials of IDBI Bank in connection with an alleged Rs 600 crore loan fraud case in which Bombay Stock Exchange Chairman S Ravi and the heads of two public sector banks have also been charged, officials said New Delhi.
- www.ndtv.com
-
IDBI Bank Shares Surge On Bad Loan Recovery, Privatisation Buzz
- Friday August 26, 2022
- Business | Asian News International
Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privatisation process.
- www.ndtv.com/business
-
IDBI Bank's March Quarter Profit Sees 35% Rise
- Monday May 2, 2022
- Business | Press Trust of India
IDBI Bank on Monday posted 35 per cent rise in net profit at Rs 691 crore for the quarter ended March 2022 due to fall in bad loan provisions
- www.ndtv.com/business
-
Probe Agency Attaches Assets Worth Rs 100-Crore In Bank Loan Fraud Case
- Thursday December 23, 2021
- India News | Press Trust of India
The Enforcement Directorate on Thursday said it has attached assets worth Rs 100 crore of a "habitual offender", who took new loans to repay old ones, and is being probed for money laundering linked to alleged fraud against an IDBI branch in Andhra P
- www.ndtv.com
-
IDBI Bank Secures $239 Million Debt Judgment In London High Court: Report
- Thursday June 3, 2021
- Business | Press Trust of India
IDBI had entered into loans totalling $148 million with two Singapore registered companies -Varada Drilling One Pte Ltd and Varada Drilling Two Pte Ltd - for the construction of two jack up drilling rigs
- www.ndtv.com/business
-
RBI Lifts IDBI Bank Out Of Corrective Action List After Four Years
- Wednesday March 10, 2021
- Business | Reuters
IDBI Bank was placed under the so-called PCA framework in 2017 over its high bad loans and negative return on assets, at a time when Indian lenders battled record levels of soured assets, prompting the RBI to tighten thresholds.
- www.ndtv.com/business
-
IDBI Bank Repo-Linked Retail Loans Effective From October 1
- Monday September 9, 2019
- Business | Indo-Asian News Service
IDBI Bank had earlier said that it would introduce repo rate-linked home and auto loans with effect from September 10.
- www.ndtv.com/business
-
LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank
- Friday February 15, 2019
- Business | Indo-Asian News Service
Gross bad loans as a percentage of total loans stood at 24.72 per cent at end-December compared with 24.98 per cent in the previous quarter.
- www.ndtv.com/business
-
IDBI Fraud Case: Probe Agency Attaches Rs 224 Crore Properties Of Siva Group
- Friday February 1, 2019
- India News | Press Trust of India
The Enforcement Directorate (ED) on Friday said it has attached assets worth Rs 224.6 crore of a firm linked to former Aircel promoter C Sivasankaran in connection with a money laundering probe in an alleged multi-crore loan fraud at IDBI Bank.
- www.ndtv.com
-
IDBI Bank Reports Eighth Straight Quarterly Loss On Higher Provisions
- Wednesday November 14, 2018
- Business | Thomson Reuters
Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 per cent to Rs 5,482 crore.
- www.ndtv.com/business
-
RBI Sees Banks' Bad Loans Crossing 12% By End Of Fiscal Year
- Tuesday June 26, 2018
- Business | Indo-Asian News Service
Of the 11 banks under PCA, six are likely to experience capital shortfall relative to the required minimum risk-weighted assets ratio of 9%, said RBI.
- www.ndtv.com/business
-
Opinion: IDBI Deal Is Money Down The Drain For Life Insurance Corporation
- Tuesday June 26, 2018
- Business | Andy Mukherjee, Bloomberg Opinion
If LIC cares about its fiduciary responsibility to policyholders, it will pass this one up. But then, it can never say no to New Delhi. LIC already owns about 11 percent of IDBI, thanks to its previous participation in rescue missions.
- www.ndtv.com/business
-
Bad Loans Push State-Run Banks Losses To Highest-Ever In FY18: Report
- Wednesday May 30, 2018
- Business | Thomson Reuters
For the fourth quarter alone, total losses in the state-run banks were Rs 62,681 crore - negating modest profits at Indian Bank and Vijaya Bank.
- www.ndtv.com/business
-
CBI Names BSE Chairman Among Others In 600 Crore Loan Fraud
- Saturday April 28, 2018
- India News | Press Trust of India
The CBI on Friday searched the residences of six former and current officials of IDBI Bank in connection with an alleged Rs 600 crore loan fraud case in which Bombay Stock Exchange Chairman S Ravi and the heads of two public sector banks have also been charged, officials said New Delhi.
- www.ndtv.com