News

IDBI Home Finance will be dissolved following the merger of Industrial Development Bank of India with IDBI Bank. Home loans will be handled solely by IDBI Bank, which will function as a strategic ...
The deal marks IDBI’s home-loan debut and THL, with 16 branches in 11 cities, is expected to serve as the building block in the quest. Industry watchers said IDBI is a late comer in the competitive ...
Mumbai: With a view to consolidate its home loan finance business, IDBI Bank is mulling the merger or sale of its wholly-owned subsidiary, IDBI Homefinance (IHFL), by end-this fiscal, a top ...
IDBI Bank caters to a wide range of customer needs through its diverse home loan products. These include: This diversity will ensure that there is a suitable product for everybody.
With Life Insurance Corporation (LIC) becoming a parent company of both IDBI Bank and LIC Housing Finance, either of the subsidiaries will have to wind down its home loan business in the next 20 ...
IDBI Bank hiked deposit rates by 50 basis points on deposits above nine months and slashed home loan fixed rates by 100 to 150 basis points a release issued by the bank said on Tuesday.
MUMBAI, Dec 15 (Reuters) - IDBI Bank Ltd said on Tuesday it has launched a scheme offering home loan at a fixed rate of 8.25 percent annually till March 2012, irrespective of the loan amount.
The Indian government is looking to sell a 60.72% majority stake in IDBI Bank and has invited expressions of interest, it said in a notification on Friday. MUMBAI, Oct 7 (Reuters) - The Indian ...