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IDBI NEWS

IDBI Bank waves 'private sector' tag to seek 10 times rise in CEO pay

April 15, 2022 12:16 pm

The bank’s board has proposed a hike of nearly 10 times in Sharma’s salary, from Rs 2.62 lakh per month to Rs 20 lakh per month — Rs 2.4 crore annually — with effect from March 19, 2022.

IDBI SO recruitment 2020: Application process for 134 vacancies ends today

January 07, 2021 1:57 pm

IDBI SO recruitment 2020: The candidates selected for the posts of Deputy Manager will get a remuneration of Rs 59,170 with other allowances

IDBI Assistant Manager recruitment 2019: Pre-exam training call letter released, how to download

April 25, 2019 8:42 pm

IDBI Assistant Manager recruitment 2019: The call letter is available at the official website- idbi.com. The recruitment examination will be conducted for hiring to the vacant posts of 515 assistant manager

IDBI recruitment 2019: Online application process for 944 assistant manager, SO, executive posts begins, check detail

April 04, 2019 4:33 pm

IDBI recruitment 2019: There are 944 vacant posts, and the candidates can apply online through the official website- idbi.com. The online application process will be closed on April 15

Life Insurance Corporation becomes IDBI Bank promoter

January 22, 2019 3:46 am

Banking sources said the LIC may have to cut down its stake in other banks as the promoter of a bank cannot hold more than 5 per cent stake in other banks. LIC holds sizeable stake in many PSU banks, including SBI, and nominee directors in some of them.

SC to hear appeal against LIC’s acquisition of 51% stake in IDBI

January 19, 2019 7:33 am

The All India IDBI Officers’ Association said that the LIC’s move to acquire 51 per cent stake in IDBI violated provisions of the Insurance Act.

Delhi HC rejects plea against LIC move to acquire 51 per cent stake in IDBI

December 17, 2018 6:22 pm

Justice Vibhu Bakhru rejected the petition by the All India IDBI Officers Association, which had opposed the move of Life Insurance Corporation (LIC) on the ground that change in shareholding could take away the public sector bank status of IDBI.

In bad company

October 03, 2018 12:08 am

IL&FS crisis underlines it: There is no alternative to corporate governance reforms.

Vijay Mallya routed Rs 400 crore of IDBI loan abroad: Probe

June 14, 2017 7:53 pm

Vijay Mallya IDBI loan: Sources familiar with the probe told The Indian Express that the money was allegedly sent abroad as payments for aircraft rental leasing and other operational expenses.

IDBI loan fraud case: ED wants Vijay Mallya's passport revoked

April 14, 2016 1:44 am

Vijay Mallya and his firm have come under the scanner of multiple investigating agencies in the country such as the CBI, SFIO and the service tax department for alleged violations of norms.

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