Page 2 Idbi: Latest News and Updates, Top Stories, Videos, Photos About Idbi

IDBI Short Term Bond Fund, Rated 5 Star By Value Research, Good To Start SIP

One of the first lessons taught to new investors is that mutual funds, and to a lesser extent bond mutual funds, should be seen as long-term investments. This means that money that you will require in three to five years should ...

IDBI Bank Customers To Get Only 20 Free Cheque Leaves Per Year From July 1; Other Services Too Revised

IDBI Bank customers will have to pay Rs 5 per cheque leaf beyond 20 free leaves per year, under the revised charges from next month. Currently, customers can access as many as 60 cheque leaves without any charges in a year ...

Cabinet Approves IDBI Bank Strategic Disinvestment, LIC To Join Hands

Prime Minister Shri Narendra Modi's Cabinet Committee on Economic Affairs has given its in-principle approval for strategic disinvestment and management control transfer in IDBI Bank Ltd. The number of respective shareholdings to be divested by the Government of India and the ...

IDBI Bank Revises Fixed Deposit (FD) Rates: Latest FD Rates Here

With effect from March 18, IDBI Bank has updated its fixed deposit (FD) interest rates. Customers can choose from a variety of FD schemes offered by the bank. Following the most recent amendment, IDBI Bank's FD interest rates extend from 2.9 ...

Muthoot Finance To Buy Out IDBI AMC

On Friday, gold financing NBFC company Muthoot Finance has said that it will take over IDBI Asset Management for venturing into the mutual fund space. The financial consideration of the deal will be Rs. 215 crore. The statement by the company ...

These 4 PSU Banks Cut Lending Rates: MCLR Loans To Become Cheaper

Four public sector lenders, including Indian Bank and Vijaya Bank, cut their benchmark lending rates by up to 0.45 per cent. From 1 April 2016, the interest rate on all loans including home loans, have been linked to the bank's MCLR ...

IDBI Bank Posts 3rd Straight Quarterly Loss At Rs 853 cr In Q1 On Higher NPAs

State-owned IDBI Bank on Monday ran up a net loss of Rs 853 crore for the first quarter ended June, mainly hurt by higher provisioning against bad loans. It is the third straight quarter when the bank reported the net loss. ...

IDBI Bank Reduces MCLR By 30-35 bps

IDBI Bank has reduced its marginal cost of funds-based lending rates (MCLR). Lending rate (MCLR) is reduced by 30-35 basis points across various tenors, effective February 1. For overnight tenor, the bank has reduced its minimum lending rate to 8.20 per ...

A Look At Some Of The Best UPI Apps In India

UPI app, is a banking app which has made transfer of money in the banking system more easy, reliable and safe. It was launched last year in April 2016 by the Reserve Bank of India (RBI) and National Payments Corporation of ...

List Of Banks That Cut Lending Rates, Check Out The New Base Rates Here

Housing, auto and corporate loans are all set to become cheaper with half a dozen PSU and private banks on Monday steeply reducing benchmark lending rate by up to 1.48 per cent after spurt in deposits following demonetisation. Taking a cue ...

SBI Slashes Lending Rate By 0.9 Per cent

Flush with higher deposits following demonetisation, the country's largest lender State Bank of India (SBI) slashed its benchmark lending rate by 0.9 per cent across various maturities. The bank has reduced marginal cost of funds based lending rate (MCLR) from 8.90 ...

Moody's Retains Ratings On SBI, IDBI; Sees NPA Woes Stabilising

Moody's Investors Service has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P and expects not much deterioration in its asset quality. The agency has also retained IDBI Bank's local currency and foreign currency bank deposit ...

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