IDBI Mutual Fund, the asset management arm of IDBI, today said its Dynamic Bond Fund will attempt to encash the short-term interest rate volatility, offering conservative retail investors optimised return.
The country's youngest public sector lender IDBI Bank today reported a 9. 7 per cent dip in third quarter earnings to Rs 410 crore on rising bad loans and higher
IDBI Bank has plans to raise capital worth $1 billion by August 2012 through foreign currency borrowing. While the most part of it will come in US dollar or
Two more leading public sector lenders, Central Bank of India and IDBI Bank, raised interest rates following the Reserve Bank's recent hike in rates.
Both banks announced an increase of
Public sector lender IDBI Bank today hiked interest rates for select category of educational loans along with retail term deposit rates by up to 50 basis points, but has left
State-run IDBI Bank today said it has firmed up plans to raise up to $ 300 million through a medium-term Swiss franc bond issue. "It (bond issue size) would be
IDBI Bank today posted a jump of 62. 13% in net profit at Rs 516
State-owned IDBI Bank today said it is planning to raise $ 1 billion (about Rs 4,500 crore) through bonds in the overseas market in next 12-months. "We are planning to
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