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Tuesday, Feb 10, 2004

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Money & Banking - Private Banks


Complaint against IDBI Bank

Our Bureau

Mumbai , Feb. 9

IDBI Bank Ltd has informed the Bombay Stock Exchange (BSE) that Mr J.H. Shah, a shareholder, has filed an appeal with the Securities Appellate Tribunal (SAT) alleging violations of SEBI Act, Rules, etc., by the bank and others with respect to rights issue of IDBI Bank.

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Stories in this Section
Rupee moves up; bonds weaker


LIC Housing Fin gets tough with defaulters
LIC collects Rs 2,021 cr from pension, group schemes
ICICI Bank plans fresh equity issue
Complaint against IDBI Bank
SBI launches floating ATM
IOB extension counter at old Gajuwaka
IBA drafts revamp plan for tea sector loans
`Banks need to develop skills to spot investment opportunities'
Bank staff protest begins today
Damodaran stays favourite for full-time CMD of IDBI
India Post seeks to tap float funds — Finance Ministry nod for money market operations awaited



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