One Fifth Of IDBI Bank’s Loans Turn Bad In Q4, Shares Plunge

One Fifth Of IDBI Bank’s Loans Turn Bad In Q4, Shares Plunge

IDBI Bank shares plunged as much as 9 per cent on Thursday after the state-owned bank said that more than one fifth of its advanced turned bad in the March quarter. IDBI Bank, which reported its earnings for the January-March...
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Government To Consult All Stakeholders On IDBI Stake Sale

Government To Consult All Stakeholders On IDBI Stake Sale

New Delhi: As the employee unions oppose stake sale in IDBI Bank, the Government on Friday said it is consulting all stakeholders as part of “transformation” of the state-owned lender. The government had in December approved IDBI Bank selling stake...
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