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IDBI Bank Unveils Turnaround Plan Amid Fears Of Debt Default
The lender has been facing growing investor concerns that it will be unable to service its coupon payments for so-called Additional Tier 1 bonds.
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IDBI Bank Offers Repo-Based Lending, Bulk Deposit Rates
Festival-bound demands for home and auto loans now get cheaper with external benchmark linked rates.
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IDBI Fraud Case: Probe Agency Attaches Rs 224 Crore Properties Of Siva Group
The Enforcement Directorate (ED) on Friday said it has attached assets worth Rs 224.6 crore of a firm linked to former Aircel promoter C Sivasankaran in connection with a money laundering probe in an alleged multi-crore loan fraud at IDBI Bank.
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IDBI Loan Default Case: CBI Books Former Aircel Promoter’s Firms, Top Bankers
The case has been registered under sections relating to criminal conspiracy, cheating and corruption.
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IDBI Bank Unveils Turnaround Plan Amid Fears Of Debt Default
The lender has been facing growing investor concerns that it will be unable to service its coupon payments for so-called Additional Tier 1 bonds.
-
Process To Bring Back Vijay Mallya From UK Begins With CBI Affidavit
The process to extradite business tycoon Vijay Mallya - who is living in the United Kingdom -- is expected to start today, with the Central Bureau of Investigation filing an affidavit in court saying he is a wanted criminal. The move came days after the agency filed a chargesheet against the liquor baron in the Rs 900 crore IDBI loans case. The af...
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2 UB Group Firms Settled Dues Just Before Kingfisher Sought Fresh Loan From IDBI: CBI
UB Group was a promoter of the defunct Kingfisher Airlines.
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Vijay Mallya's Properties Worth Over 1,400 Crores Attached In Loan Fraud Case
The Enforcement Directorate has attached properties worth over Rs 1,411 owned by liquor baron Vijay Mallya in a 950 crore loan default case.
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Enforcement Directorate Attaches Vijay Mallya's Properties Worth Rs 1,411 Crore
"We have attached properties worth Rs 1,411 crore (as per the market value) of Vijay Mallya and UB Limited under the Prevention of Money Laundering Act," said an ED official.
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What Made IDBI Give Rs 900 Crore To Vijay Mallya? Curious Case Of 2 Notes
When Vijay Mallya's Kingfisher Airlines was given a 900-crore loan by state-run lender IDBI, it was already entangled in a full-blown financial crisis. The loan was granted in 2009 - in March that year, the airline had declared losses of nearly 1,600 crores.
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IDBI Bank Unveils Turnaround Plan Amid Fears Of Debt Default
The lender has been facing growing investor concerns that it will be unable to service its coupon payments for so-called Additional Tier 1 bonds.
-
IDBI Bank Offers Repo-Based Lending, Bulk Deposit Rates
Festival-bound demands for home and auto loans now get cheaper with external benchmark linked rates.
-
IDBI Fraud Case: Probe Agency Attaches Rs 224 Crore Properties Of Siva Group
The Enforcement Directorate (ED) on Friday said it has attached assets worth Rs 224.6 crore of a firm linked to former Aircel promoter C Sivasankaran in connection with a money laundering probe in an alleged multi-crore loan fraud at IDBI Bank.
-
IDBI Loan Default Case: CBI Books Former Aircel Promoter’s Firms, Top Bankers
The case has been registered under sections relating to criminal conspiracy, cheating and corruption.
-
IDBI Bank Unveils Turnaround Plan Amid Fears Of Debt Default
The lender has been facing growing investor concerns that it will be unable to service its coupon payments for so-called Additional Tier 1 bonds.
-
Process To Bring Back Vijay Mallya From UK Begins With CBI Affidavit
The process to extradite business tycoon Vijay Mallya - who is living in the United Kingdom -- is expected to start today, with the Central Bureau of Investigation filing an affidavit in court saying he is a wanted criminal. The move came days after the agency filed a chargesheet against the liquor baron in the Rs 900 crore IDBI loans case. The af...
-
2 UB Group Firms Settled Dues Just Before Kingfisher Sought Fresh Loan From IDBI: CBI
UB Group was a promoter of the defunct Kingfisher Airlines.
-
Vijay Mallya's Properties Worth Over 1,400 Crores Attached In Loan Fraud Case
The Enforcement Directorate has attached properties worth over Rs 1,411 owned by liquor baron Vijay Mallya in a 950 crore loan default case.
-
Enforcement Directorate Attaches Vijay Mallya's Properties Worth Rs 1,411 Crore
"We have attached properties worth Rs 1,411 crore (as per the market value) of Vijay Mallya and UB Limited under the Prevention of Money Laundering Act," said an ED official.
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What Made IDBI Give Rs 900 Crore To Vijay Mallya? Curious Case Of 2 Notes
When Vijay Mallya's Kingfisher Airlines was given a 900-crore loan by state-run lender IDBI, it was already entangled in a full-blown financial crisis. The loan was granted in 2009 - in March that year, the airline had declared losses of nearly 1,600 crores.
