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Tags Posts tagged with "IDBI Bank"

Tag: IDBI Bank

IDBI Bank Recruitment 2019: Apply for 600 Assistant Manager Post

Public sector lender IDBI Bank has announced recruitment for the 600 assistant managers post and has invited applications. IDBI Bank has entered into a memorandum of...

‘India Slowly Progressing Beyond Brick and Mortar Banking’

In a country like India, Brick and Mortar concept of banking is the most preferred mode and it would dominate for many more years....

IDBI Bank slashes lending rates by 5 bps

Life Insurance Corporation of India (LIC) owned IDBI Bank has dropped its lending rates by five basis points for most of the tenors. The lender...

LIC gets 12 years from RBI for reducing stake in IDBI...

The Reserve Bank of India (RBI) has granted 12 years to Life Insurance Corporation to bring down its stake in IDBI Bank. This step was...

IRDAI seeks LIC’s proposal on IDBI Bank stake reduction  

Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) is seeking Life Insurance Corporation of India’s proposal for paring its shareholding in IDBI...

IDBI Bank likely to consider renewal of current MD Rakesh Sharma’s...

Public sector lender IDBI Bank is planning to consider the renewal of current Managing Director Rakesh Sharma’s term for three more years, besides planning...

RBI penalises 4 banks for non-compliance

The Reserve Bank of India (RBI) has penalised four Public Sector Banks (PSBs) by imposing monetary penalty on them. The Central bank has fined Union...

LIC completes 51% stake acquisition in IDBI Bank

Life Insurance Corporation of India (LIC) has completed the acquisition of 51 percent stake in the public lender IDBI bank’s board. The acquisition makes LIC...

Former Canara Bank MD Rakesh Sharma joins IDBI Bank as MD,...

Canara Bank’s former Managing Director Rakesh Sharma yesterday took charge as IDBI Bank’s Managing (MD) and Chief Executive Officer (CEO). The centre on October 05...

UIDAI blocks eKYC facility of 13 banks on missing targets of...

The Unique Identification Authority of India (UIDAI) has suspended electronic know-your-customer facilities for several Indian banks and authentication agencies for not meeting the targets...
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