by newsworm | Dec 21, 2024 | Banking, IDBI Bank
IDBI Bank’s board will meet on December 31 to consider and approve the issuance of up to Rs 10,000 crore worth of infrastructure bonds in the current financial year and 2025-26. This comes as banks are increasingly accessing the market to raise funds through... by newsworm | Dec 20, 2024 | Banking, IDBI Bank, Punjab & Sind Bank
IDBI Bank and Punjab & Sind Bank are offering special fixed deposit schemes with attractive interest rates until December 31, 2024. IDBI Bank’s Utsav Fixed Deposits offer rates ranging from 7.05% to 7.35% for general customers, while senior citizens can... by newsworm | Dec 16, 2024 | Bank of Baroda, Banking, Canara Bank, HDFC Bank, IDBI Bank, RBI, State Bank of India
In December 2024, many banks in India increased their Marginal Cost of Lending Rates (MCLRs), while some remained unchanged. The MCLR is the minimum interest rate a bank must charge for a specific loan, setting the lower limit for interest rates. The Reserve Bank of... by newsworm | Dec 16, 2024 | Banking, IDBI Bank
According to IDBI Capital, Aavas Financiers is a strong stock that has the potential to give an upside of 28%. The brokerage firm has maintained a “buy” rating on the company, citing several factors. Firstly, Aavas Financiers has a strong presence in the... by newsworm | Dec 15, 2024 | Banking, IDBI Bank, State Bank of India
The Securities and Exchange Board of India (SEBI) has cleared the Initial Public Offering (IPO) of National Securities Depository Limited (NSDL). As a result, India’s two major banks, IDBI Bank and State Bank of India (SBI), will be able to sell their stake in... by newsworm | Dec 11, 2024 | Banking, IDBI Bank
The National Company Law Tribunal (NCLT) has issued a notice to former Unitech directors Ajay Chandra and Ramesh Chandra in a personal insolvency case related to an outstanding loan from IDBI Bank. IDBI Bank filed petitions against the two directors under the...