IDBI Bank has published its highest-ever net profit of Rs 7,515 crore for the financial year ending 31st March, 2025, reflecting a robust 33 per […]
Tag: IDBI Bank
PayU appoints Pramod Rao as CRO
PayU has appointed Pramod Rao as its new Chief Risk Officer (CRO). In his new role, he will be responsible for developing and overseeing risk […]
IDBI Bank unveils Chiranjeevi Super Senior Citizen FD, offers 8.5 per cent interest
IDBI Bank has introduced a new specialised fixed deposit scheme ‘IDBI Chiranjeevi-Super Senior Citizen FD,’ targetting customers aged 80 years and above. The premium offering […]
IDBI Bank gets 9th rank in Forbes list
The Industrial Development Bank of India (IDBI) has ranked 9th in the list of top 10 banks released by Forbes. The rank has been allotted […]
Vivek Zakarde joins IDBI Bank as GM (Head of Analytics)
Data Strategist Vivek Zakarde has joined IDBI Bank Limited as General Manager (Head of Analytics). He will be the Analytical Leader for the entire IDBI […]
“Fintechs are disrupting banking worldwide”
Tell us about the latest innovations that are creating a buzz in the banking sector worldwide. The banking sector is witnessing significant innovations, backed by […]
IDBI Bank, PNB Housing , Sicom in push to offload bad loans
IDBI Bank, PNB Housing Finance and term-lending institution Sicom are separately working on plans to sell almost the entire distressed loan books, replicating the sale […]
RBI begins evaluating potential bidders for IDBI Bank
The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank […]
IDBI Bank gets NCLT nod to set off accumulated losses of Rs 45,396 cr
India’s IDBI Bank Ltd on Friday said its proposal to set off accumulated losses has been approved by the National Company Law Tribunal (NCLT). The […]
India state-run banks’ gross NPA eases to 5.53%; earn profit of Rs 70,167 cr in Apr-Dec FY23
The government has taken various reforms following which asset quality of public sector banks has improved significantly with gross NPA ratio declining from the peak […]