Idbi Bank Loan
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Vijay Mallya-Bank CMD Holiday Meeting Led To Hasty Sanction Of Rs 350 Crore Loan: Enforcement Directorate
The agency, probing the case for money laundering charges, has said its investigation found that the processes deployed to structure and re-structure the loan by the bank to the now-defunct airline was planned to be defrauded and that Mr Mallya and Kingfisher Airlines (KFA) had "no intent" to repay it.
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IDBI Bank Repo-Linked Retail Loans Effective From October 1
IDBI Bank had earlier said that it would introduce repo rate-linked home and auto loans with effect from September 10.
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The Bank With India's Worst Bad Debt Will Sell $1.4 Billion of Loans
IDBI Bank is also planning to raise about Rs 1,000 crore by selling its holding in NSE and NSDL over the next month.
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UK Advocate Satisfied About Vijay Mallya's 'Dishonesty': Investigators
The key advocate at an UK court, which will be hearing India's case on the extradition of Vijay Mallya, is satisfied about the 'dishonesty' of the wanted liquor baron in the 900-crore IDBI bank loan default case after seeing the initial evidence. This was the feedback with which the joint investigative team of CBI and Enforcement Directorate has re...
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Vijay Mallya's Extradition Process Begins With CBI Request
The process to extradite business tycoon Vijay Mallya from the UK -- where he had gone last year after facing heat for defaulting on loans worth Rs 9000 crore -- has started. The External Affairs Ministry is currently processing the formal request for it from the Central Bureau of Investigation, which will be sent to the authorities in UK. The liqu...
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Vijay Mallya-Bank CMD Holiday Meeting Led To Hasty Sanction Of Rs 350 Crore Loan: Enforcement Directorate
The agency, probing the case for money laundering charges, has said its investigation found that the processes deployed to structure and re-structure the loan by the bank to the now-defunct airline was planned to be defrauded and that Mr Mallya and Kingfisher Airlines (KFA) had "no intent" to repay it.
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CBI Searches Vijay Mallya Residence in Rs 900 Cr Loan Default Case
The Central Bureau of Investigation (CBI) on Saturday carried out searches at residential and official premises of liquor baron Vijay Mallya and his now-defunct company Kingfisher Airlines at five places in connection with alleged default of an over Rs 900 crore loan from IDBI Bank.
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GMR Energy seeks to restructure Rs 2,600 crore loan
Power-to-airports major GMR Group has approached IDBI Bank, the lead bank to GMR Rajahmundry Energy, to reschedule its Rs 2,600-crore loan.
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IDBI slashes home loan, deposit rates
IDBI Bank today slashed interest on home loans by 0.25 per cent and the deposit rates in select brackets by up to 0.50 per cent.
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Vijay Mallya-Bank CMD Holiday Meeting Led To Hasty Sanction Of Rs 350 Crore Loan: Enforcement Directorate
The agency, probing the case for money laundering charges, has said its investigation found that the processes deployed to structure and re-structure the loan by the bank to the now-defunct airline was planned to be defrauded and that Mr Mallya and Kingfisher Airlines (KFA) had "no intent" to repay it.
-
IDBI Bank Repo-Linked Retail Loans Effective From October 1
IDBI Bank had earlier said that it would introduce repo rate-linked home and auto loans with effect from September 10.
-
The Bank With India's Worst Bad Debt Will Sell $1.4 Billion of Loans
IDBI Bank is also planning to raise about Rs 1,000 crore by selling its holding in NSE and NSDL over the next month.
-
UK Advocate Satisfied About Vijay Mallya's 'Dishonesty': Investigators
The key advocate at an UK court, which will be hearing India's case on the extradition of Vijay Mallya, is satisfied about the 'dishonesty' of the wanted liquor baron in the 900-crore IDBI bank loan default case after seeing the initial evidence. This was the feedback with which the joint investigative team of CBI and Enforcement Directorate has re...
-
Vijay Mallya's Extradition Process Begins With CBI Request
The process to extradite business tycoon Vijay Mallya from the UK -- where he had gone last year after facing heat for defaulting on loans worth Rs 9000 crore -- has started. The External Affairs Ministry is currently processing the formal request for it from the Central Bureau of Investigation, which will be sent to the authorities in UK. The liqu...
-
Vijay Mallya-Bank CMD Holiday Meeting Led To Hasty Sanction Of Rs 350 Crore Loan: Enforcement Directorate
The agency, probing the case for money laundering charges, has said its investigation found that the processes deployed to structure and re-structure the loan by the bank to the now-defunct airline was planned to be defrauded and that Mr Mallya and Kingfisher Airlines (KFA) had "no intent" to repay it.
-
CBI Searches Vijay Mallya Residence in Rs 900 Cr Loan Default Case
The Central Bureau of Investigation (CBI) on Saturday carried out searches at residential and official premises of liquor baron Vijay Mallya and his now-defunct company Kingfisher Airlines at five places in connection with alleged default of an over Rs 900 crore loan from IDBI Bank.
-
GMR Energy seeks to restructure Rs 2,600 crore loan
Power-to-airports major GMR Group has approached IDBI Bank, the lead bank to GMR Rajahmundry Energy, to reschedule its Rs 2,600-crore loan.
-
IDBI slashes home loan, deposit rates
IDBI Bank today slashed interest on home loans by 0.25 per cent and the deposit rates in select brackets by up to 0.50 per cent.
