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IDBI
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SIDBI to Introduce ‘GST Sahay’ App-Based Invoice Financing Platform for MSMEs
Patna, September 28, 2023 – The Small Industries Development Bank of India (SIDBI), in a concerted effort to…
IDBI Bank Appeals Against NCLT’s Approval of Zee-Sony Merger, Potentially Delaying the Mega Deal
In a significant development, IDBI Bank has taken the legal route by filing an appeal with the National…
The net profit of IDBI Bank has risen by 22% to Rs 1,113 crore in Q4.
IDBI Bank, the Mumbai-based Indian government-owned financial services company, has reported a 22% rise in net profit for the fourth quarter ended March 31, 2022.
IDBI Bank, PNB Housing, and Sicom are making efforts to dispose of non-performing assets.
PNB Housing, IDBI Bank, and Sicom Take Steps to Reduce NPAs. Indian banks and other financial institutions are taking steps to address the mounting Non-Performing Assets (NPAs) in the country.
Reserve Bank of India has started the bid evaluation process, and IDBI Bank has gained 10% in response.
IDBI Bank has been struggling with high levels of bad loans, affecting its profitability and growth prospects.
Five potential bidders for IDBI Bank are being evaluated by the Reserve Bank.
The privatization of IDBI Bank is seen as a key test of the government's reform agenda for the banking sector, and its ability to attract private investment into state-owned banks.
L&T Expects to Secure a Massive Rs 25,000 Crore Order Soon, Boosting Stock Prices
In a recent exclusive interview with Zee Business channel, Group Chairman AM Naik of Larsen & Toubro (L&T),…
Debadatta Chand has been appointed as the Managing Director and Chief Executive Officer of Bank of Baroda.
Debadatta Chand has officially taken charge as the Managing Director and Chief Executive Officer (MD & CEO) of Bank of Baroda (BoB) today, succeeding Sanjiv Chadha, whose tenure concluded on June 30, 2023.
The ONDC initiates B2B transactions
In a significant development, the government-backed open network for digital commerce (ONDC) has announced the expansion of its services to facilitate business-to-business (B2B) transactions.
Reliance Retail, 6 others give EoIs for Future firm
Reliance Retail and six other prospective bidders have submitted expressions of interest (EoIs) for Future Supply Chain Solutions (FSCS), a Future Group firm that is under insolvency proceedings.
