LIC owned IDBI Bank is continuing to struggle with its load of bad loans, which has been reporting losses for the past four fiscal years, reported another loss in this quarter. The bank’s bad loans have grown by more than four times over the past five years, leading to huge losses. Now, LIC has to do regular capital infusion just to stay alive.
VARINDIA IDBI Bank is sucking money from LIC
Posted by
varindia1 under News
From https://www.varindia.com 1706 days ago
Who Voted for this Story
Subscribe
“Javelyn: Thanks for sharing these ideas. I see the potential for a...”
“Adam: Thanks for your response and input on how to do posts reels on...”
“Yeah, that's a difficult one to solve.
There are a few things you can do,...”
“Mike: Attention grabbing headline! I will bookmark your post and read...”
“The hard thing with the timing, is if you have an international audience...”
- News
- Blog
- Press Center
- Newsletter
Buttons and Widgets
- Legal
-
Privacy | Terms of Use
© 2007-2024 BizSugar.com.
Comments