Idbi News

New Delhi: Three major PSU banks SBI, PNB and IDBI may soon initiate the process to declare Kingfisher Airlines and others as wilful defaulters after the firms failed to service their debt, sources said. The Department of Financial Services, after ...

For investors seeking a couple of benefits, including capital protection, capital appreciation, tax benefits from a single investment, here is a list of 3 investment options providing a mix of such benefits 1. SREI Infrastructure Finance Limited NCD IPO The public ...

IDBI Bank slashed interest rates on retail term deposits in two short-term maturity buckets. The rates will be applicable from May 13, 2013. The bank's retail deposit rates in two short-term buckets - 91 days to less than six months ...

IDBI Mutual Fund announced the launch of IDBI RGESS (Rajiv Gandhi Equity Savings Scheme-Series I), a close ended growth scheme offering income tax benefits under Section 80 CCG of the IT Act, 1961. The New Fund Offer (NFO) will open ...

IDBI, Oriental Bank of Commerce on Thursday, slashed interest rate on home loans by up to 0.25%. IDBI Bank has decided to reduce its floating and fixed interest rates on housing loans. The revised rates will come into effect from September ...

IDBI Mutual Fund has launched a new fund named as IDBI Gold Fund, an open ended fund of funds scheme. The scheme re-opens for continuous sale and repurchase from 23 August 2012. Investment Objective: The investment objective of the ...

The state-run lender IDBI Bank today reduced its floating home loan rates on new loans across the slabs by up to 75 basis points, effective from April 2. While the floating interest rate for loans of up to Rs 25 ...