Krishnamurthy Vijayan, MD & CEO of IDBI Asset Management, has been a self-proclaimed bull for the past two decades when it comes to investing in the India story. In
IDBI Asset Management, wholly-owned subsidiary of IDBI Bank, has received Securities and Exchange Board of India (Sebi) nod to launch its mutual fund business in the country. The new
RM Malla-led Small Industries Development Bank of India (Sidbi) has picked up 10.92 per cent stake in Bandhan, one of the largest micro-finance institutions in the country, for Rs 50 crore.
Wind energy turbines maker Suzlon Energy is negotiating refinance of Rs 11,000 crore to consolidate all its debt under a single facility. IDBI Bank and State Bank
IDBI Bank will offer financial planning services to its customers.
IDBI-led consortium of 15 banks also financed a 1,320 mw power project
Union Bank and IDBI Bank — are planning to venture into asset management
IDBI Fortis Life Insurance will shortly launch traditional products.
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