Within days of RBI relaxing the monetary policy, three leading banks, including PNB and ICICI Bank, today announced a cut in lending rates by up to 0.25 per cent,
Taking a cue from the Reserve Bank of India (RBI) banks have started reducing both their lending and deposit rates. Punjab and Sind Bank and IDBI Bank were
State-owned IDBI Bank today announced a cut of up to 0. 5 per cent in lending and deposit rates a day after Reserve Bank reduced key short-term rates
State-owned IDBI Bank today said the government has decided to infuse Rs 810 crore in the bank by way of preferential allotment of shares. Government of India (GoI), in a
Public sector lender IDBI Bank today said it had collected Rs 1 lakh crore of central tax through its network in the current fiscal.
"IDBI Bank has achieved the landmark
State-owned IDBI Bank today said it would raise up to Rs 5,294 crore from various means, including share sale to government and LIC. The board of the bank in its
State-owned IDBI Bank today said it plans to open about 250 branches across the country and a branch in Singapore over the next year. "We will be opening 200-250 branches
Public sector lender IDBI Bank may go for equity base expansion in the next financial year, a top bank official said today. "Currently, our capital adequacy is 13
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