State-run IDBI Bank Friday said its net profit rose 28.98 percent to Rs 287.15 crore for the quarter ended December 31, 2009, over the same period previous fiscal.
IDBI Bank and Tata Motors, today signed an agreement for providing auto finance to prospective customers.
Pubilc-sector lender, IDBI Bank
on Friday announced the repayment of its 11.50 per cent IDBI SLR
Bonds 2009, 55th series on Jauary 9, 2010.
IDBI Bank and Chevrolet Sales India Pvt Ltd (CSIPL) have entered into an MoU for providing auto finance to prospective customers of the latter.
IDBI Bank, which has been
mandated to raise Rs 13,000 crore syndicated loan for Reliance
Power`s Krishnapatanam Ultra Mega Power Project has put
the process on hold.
IDBI Bank-led consortium of lenders, have raised USD 1.1-billion loan for national carrier Air India to purchase aircraft, a top IDBI Bank official said.
IDBI Bank has lowered interest rates on deposits by 25 bps to 50 bps (quarter to half a percentage point) across different maturities effective August 12.
IDBI Bank on Friday announced slashing
interest rates on deposits by 25 basis points to 50 basis
points (quarter to half a percentage point) across different
maturities, effective August 12.
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