Kishor Kharat

The government is considering a proposal to shuffle the heads of some public sector lenders, including IDBI Bank, to improve their performance and resolve the issue of bad loans.

IDBI Bank to monetise Rs 5k crore worth non-core assets in FY18

IDBI Bank had on Tuesday informed the stock exchanges that it has received an in-principle nod to sell stake in some of its non-core assets.

Here are some top trading ideas by SP Tulsian

In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.

Rosneft-Essar deal likely to bring relief to lenders: IDBI

IDBI Bank, which has exposure to the company, says that corporates including the bank will have to look at how Essar plans to disburse the amount.

Strengthening, cleaning balance sheets of PSBs essential: IDBI

Speaking to CNBC-TV18, Kishor Kharat, MD & CEO of IDBI Bank says that the new Reserve Bank governor, Urjit Patel, must focus on strengthening balance sheets as well as keeping inflation under control.

It's wrong to paint all promoters with the same brush: Piramal

Ajay Piramal, Chairman of Piramal Group, said the success of S4A depends on the company and its promoters.

Decision on IDBI Bank stake sale likely this fiscal: Kharat

Government is working on the stake sale of IDBI Bank and a decision in this regard could be taken during the current fiscal, its Managing Director Kishor Kharat said on June 6

IDBI keen to tie up with NSDL for payments bank

NSDL is one of the applicants who has received in-principle approval from RBI to set up a payment bank last year

To raise Rs 600-650 cr via non-core asset sale by Mar: IDBI Bank

Managing Director and CEO Kishor Kharat says the bank has more than Rs 3000 crore of non-core assets and that it will raise Rs 600-650 crore by March 2016 by selling some of those assets

Iran to charge in euros for new oil sales and old dues: Sources

A source at state-owned National Iranian Oil Co (NIOC) told Reuters that Iran will charge in euros for its recently signed oil contracts with firms including French oil and gas major Total, Spanish refiner Cepsa and Litasco, the trading arm of Russia's Lukoil.

Exposure to Amtek; see 25 bps cut by RBI: IDBI Bank

Believes Amtek is trying to provide confidence to bond holders, says Kishor Kharat MD & CEO at IDBI Bank.

Despite rising NPAs, PNB,IDBI not to sell bad loans to ARCs

Stating that selling bad loans to ARCs is not the only way to recover bad loans, newly-appointed PNB managing director and chief executive Usha Ananthasubramanian said there are more innovative ways to deal with NPAs than an outright sale to ARCs.