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ADB, IFC in talks with IDBI Bank for Rs 3,771-cr QIP

ADB, IFC in talks with IDBI Bank for Rs 3,771-cr QIP

Global lenders, Asian Development Bank and International Finance Corporation, as well as other investors are in talks for state-owned IDBI Bank's Rs 3,771- crore stake sale via qualified institutional placement route.

IDBI Bank Q4 net loss at Rs 1,736 cr as bad loans double

The bank had earned a net profit of Rs 545.94 crore during the January-March period of 2014-15.

Vijay Mallya PMLA case: ED to conduct forensic audit

Vijay Mallya PMLA case: ED to conduct forensic audit

ED may go for a forensic audit of the electronic platforms on which the accounts and transactions of the group companies of liquor baron Vijay Mallya were being conducted in order to take forward its money laundering probe against him in the alleged Rs 900-crore IDBI bank loan fraud case.

Banks want to see Vijay Mallya in jail, not recover money: Lawyer

Banks want to see Vijay Mallya in jail, not recover money: Lawyer

With the consortium of banks refusing Vijay Mallya's proposal to pay over Rs 6000 crore in the IDBI Bank loan default case, his lawyers on Tuesday said the banks' intention were no longer to recover money but to see the business man in jail.

Vijay Mallya may get arrested

Vijay Mallya may get arrested

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Court rejects Vijay Mallya's plea against ED in IDBI fraud case, issues non-bailable warrant

Court rejects Vijay Mallya's plea against ED in IDBI fraud case, issues non-bailable warrant

In fresh trouble for Vijay Mallya, a special court Monday issued a non-bailable "open dated" warrant against the liquor baron in a money laundering case involving alleged defrauding of IDBI Bank of Rs 950 crore.

IDBI stake sale: Govt to consult all stakeholders

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.

IDBI claims strike failed, unions say near success

IDBI claims strike failed, unions say near success

Even as unions of state-run IDBI Bank today claimed a successful one-day strike, the management said the bank "functioned normally".

Loan default case: Vijay Mallya seeks time till April to appear before ED

Loan default case: Vijay Mallya seeks time till April to appear before ED

Vijay Mallya on Thursday sought more time to appear before Enforcement Directorate(ED) in the alleged default in payment of Rs 900 crore dues to IDBI bank.

IDBI Bank employees give strike call on Mar 28

IDBI Bank employees give strike call on Mar 28

A section of officers and employees of IDBI Bank today called for a one-day strike on March 28 to protest against the government's proposed stake sale in the state-run lender

Vijay Mallya IDBI loan default case: Banks provide ED with probe reports

Vijay Mallya IDBI loan default case: Banks provide ED with probe reports

Officials said Tuesday the reports have been sent by at least six banks after agency investigators had sought their cooperation in sharing the details of loans extended by them to Mallya for business activities.

KFA loan case: Enforcement Directorate summons ex-IDBI chairman Yogesh Agarwal

The now defunct airlines Kingfisher loan case seems to be finding its roots deeper as the Enforcement Directorate (ED) on Tuesday issued summons to ex-IDBI chairman Yogesh Agarwal.

Vijay Mallya row: ED quizzes 4 IDBI officials

Vijay Mallya row: ED quizzes 4 IDBI officials

The Enforcement Directorate(ED) on Monday questioned 4 IDBI Bank officials in connection with the money laundering probe in the alleged default of over Rs 900 crore loan.

Loan default case: ED quizzes Kingfisher Airlines' ex-CFO for 2nd day

Loan default case: ED quizzes Kingfisher Airlines' ex-CFO for 2nd day

Former CFO of long-grounded carrier Kingfisher Airlines, A Raghunathan, appeared before the Enforcement Directorate (ED) here for the second day Saturday for questioning in connection with the money laundering probe in the alleged default of over Rs 900 crore loan from IDBI bank.

IDBI Bank unions call for 4-day strike from March 28

IDBI Bank unions call for 4-day strike from March 28

IDBI Bank employees have decided to go on a four-day nation-wide strike from March 28 to oppose the government's move to dilute its stake in the troubled state-run lender.

ED to question 5 IDBI officials for giving Rs 900 crore loan to Vijay Mallya

ED to question 5 IDBI officials for giving Rs 900 crore loan to Vijay Mallya

Enforcement Directorate will question 5 IDBI officials on Friday for giving Rs 900 crore loan to liquor baron Vijay Mallya.

Vijay Mallya case: CBI changed nature of outlook notice from 'detention' to just 'inform'

Vijay Mallya case: CBI changed nature of outlook notice from 'detention' to just 'inform'

The information came as further embarrassment to the agency which has been accused of going soft on Mallya, facing a CBI probe for defaulting on repayment of a loan of Rs 900 crore taken from IDBI.

Vijay Mallya loan default case: ED summons IDBI bank, Kingfisher Airlines officials

Vijay Mallya loan default case: ED summons IDBI bank, Kingfisher Airlines officials

Officials said summons have been issued to former Chairman and Managing Director of the bank Yogesh Agarwal, the Chief Financial Officer of the now defunct airline A Raghunathan and other senior executive members and officials of both the organisations. 

ED summons 5 IDBI Bank officials, top KFA executives in loan case

ED summons 5 IDBI Bank officials, top KFA executives in loan case

The Enforcement Directorate (ED) has summoned top officials and executives of both IDBI Bank and Kingfisher Airlines in connection to Rs 950-crore loan that was sanctioned to the airline in 2009.

Fresh trouble for Vijay Mallya: ED registers money laundering case, to quiz him soon

Fresh trouble for Vijay Mallya: ED registers money laundering case, to quiz him soon

In fresh trouble for liquor baron Vijay Mallya, the Enforcement Directorate has registered a money laundering case against him and others in connection with the alleged default of over Rs 900 crore loan from IDBI bank.