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Oct 1, 2013

IDBI Bank 10th Foundation Day



Today IDBI Bank is celebrating its 10th Foundation Day. Previously it was an financing body for development of Industries known as Industrial Development Bank of India. Converted to general bank and changed name to IDBI Bank. As the government holds 51% shares of the bank its public sector bank. But it is working as private sector bank only.Fruitful 9 years of dedicated service to the nation has been rendered. We congratulate the bank on its 10th foundation day.

Result Season to start

Result season for the banking sector for half year ending Sept. 2013 will kick off with HDFC Bank and IndusInd Bank declaring their results on 15th October 2013.

Federal Bank - Stock Split

Federal Bank is splitting its shares from face value Rs.10 to Rs.2. The same will be effective from 17.10.2013.