Page-2 of IDBI Bank – Page 2

Relaxation of Norms under PCA Framework

It is said that the finance ministry and the Reserve Bank of India are working on providing some relaxation on the prompt corrective action (PCA) framework for stressed banks....

January 16, 2019

Development Financial Institutions

Development Finance Institutions (DFIs) are specialized financial institutions set up to provide long-term financing or other financial support to sectors that are crucial for economic development but may...

December 2, 2018

Public Sector Banks in India

Public Sector Banks are banks where the majority stake (over 50%) is held by the government. The government’s entry into banking began with the nationalization of the Imperial...

November 27, 2018

Entrepreneurship awareness Udyam Abhilasha campaign launched by SIDBI

On the 149th birth anniversary of Mahatma Gandhi, the Small Industries Development Bank of India (SIDBI) has launched a National Level Entrepreneurship Awareness Campaign – Udyam Abhilasha, in...

October 4, 2018

M.K Jain appointed as new Deputy Governor of RBI

Mahesh Kumar Jain, who is currently MD & CEO of IDBI Bank, has been appointed as the fourth deputy governor Deputy Governor of the Reserve Bank of India...

June 6, 2018

RBI initiates PCA against Allahabad Bank over its high bad loans

The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against public sector lender Allahabad Bank, owing to its high net Non-Performing Assets (NPAs) and negative...

January 5, 2018

IDBI bank launched ‘Project Nishchay’ to improve financial performance

IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. The project will be led...

September 30, 2017

Mohammad Mustafa appointed as new CMD of Small Industries Development Bank of India (SIDBI)

Mohammad Mustafa, a 1995 batch IAS officer of Uttar Pradesh cadre, has been appointed as the new Chairman and Managing Director (CMD) of Small Industries Development Bank of...

August 4, 2017

IDBI appointed Kishor Piraji Kharat as its MD and CEO

Industrial Development Bank of India (IDBI) has appointed Kishor Piraji Kharat as its new Managing Director & Chief Executive Officer. Kishor Kharat is a graduate in commerce and law...

August 18, 2015

Current Affairs: Top Headlines September 6, 2013

Iran to set free Indian tanker after 24 days of detention Iran ordered release of an Indian tanker detained by it for the past 24 days at its...

September 6, 2013 Awards, Honours & Persons in News

Government rejects Fitch ratings

Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about...

June 23, 2012

General Compendium-3

Plantation CropsCentral Plantation Crops Research InstituteFirst National Forest Policy of India:New Forest Policy, 1988Free Enterprise Economy or Laissez Faire systemGovernment Controlled EconomyNational Security Exception Act (NSEA)UN Millenium Development...

May 8, 2009

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