Business Standard

IDBI 'merger with Bank after Bill passage'

Image

Our Banking Bureau Mumbai
 Apart from leveraging its core competence of corporate and infrastructure lending, the merged entity will be a complete bank in the sense that it will not only take retail deposits but also pursue opportunities in retail lending in a big way.

 The IDBI Restructuring Bill was to be taken up in the monsoon session of Parliament for clearance but could not see the light of day.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 17 2003 | 12:00 AM IST

Explore News