ING is evaluating a return to India by buying a controlling stake in IDBI Bank, four years after it exited the country after selling its stake in Kotak Mahindra Bank, according to an Indian media report
IDBI bank
Latest in IDBI bank
banking business
Emirates NBD reportedly in race to buy majority stake in India’s IDBI Bank
The Dubai-based bank has submitted its expression of interest as the Government of India and LIC prepare to sell 60 percent stake
Force India Formula One
Indian tycoon Mallya vows to appeal extradition from Britain
Mallya left India in 2016 owing more than $1bn after defaulting on loan payments to a state-owned bank and allegedly misusing the funds
England
Indian tycoon Mallya can be sent to India to face fraud case, judge says
The ruling by the British court is a crucial win for Prime Minister Narendra Modi’s government
England
Indian tycoon Mallya to find out extradition fate
Mallya, chairman of the UB Group drinks conglomerate and chief executive of the Force India Formula One team, left India in March 2016 owing more than $1bn