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IDBI Bank signs MoU with Ashok Leyland to channel financing partnership
"With the combined strength of IDBI Bank Ltd and Ashok Leyland, the network of AL dealers will now have financing solutions to suit their needs using digital technology," stated Gopal Mahadevan, Ashok Leyland's CFO.
 
                  
IDBI Bank Q1 Results: Net profit rises 62% to Rs. 1,224 crore, NII up by 61% YoY
The bank's Net Interest Income (NII) increased by 61 percent year over year (YoY) to reach Rs 3998 crore from Rs 2448 crore.
 
                  
RBI assessing potential bidders for majority stake in IDBI Bank
IDBI Bank divestment: Kotak Mahindra Bank, CSB Bank (backed by Prem Watsa), and Emirates NBD have expressed desire to acquire IDBI Bank.
 
                  
Stocks to watch: TCS, IDBI Bank, Paytm, SBI, Tata Motors and more
TCS reported 11% YoY net growth in Q3, while revenue above analyst projections at Rs 58,229 crore.
 
                  
Stocks to watch: Bharti Airtel, Vodafone-Idea, Yes Bank, NTPC and more
Amid weak global signals, the main Indian indices BSE Sensex and NSE Nifty 50 are anticipated to open down. These stocks are the ones to watch on Monday, December 12.
 
                  
RBI imposes monetary fine on private lenders Axis & IDBI Bank
Axis Bank has been fined 93 lakh rupees, while IDBI Bank has been fined 90 lakh rupees by the Reserve Bank, according to an official statement issued by the Central bank on Friday.
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