Idbi Bank News - Latest Updates & Headlines
NCLAT dismisses IDBI Bank's insolvency plea against Zee Entertainment
New Delhi, April 7: The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed IDBI Bank’s petition to start insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL).
Diabetes, hypertension not pre-existing disease, not grounds for claim rejection: Consumer Commission
New Delhi, February 21: Allowing a complaint against an insurance company, the District Consumer Redressal Commission II ruled that, as per established law, lifestyle diseases like diabetes and hypertension cannot be treated as pre-existing conditions and therefore cannot be grounds for claim rejection by the insurer.
Banks hike interest rates on FDs amid fierce competition for deposits
Mumbai, Jan 14: Banks have started offering higher returns on FDs amid fierce competition to raise more deposits. While leading banks such as SBI and HDFC were the first to raise interest rates on FDs, smaller banks such as IDBI have followed suit for fear of getting left behind in the race.