IDBI may sell stake in IDBI Bank
Mumbai: Industrial Development Bank of India may sell its stake in IDBI Bank Ltd before merging itself with a public sector bank.
Back to News Review index page  

ICRA upgrades Tata Motors' NCD issues
Mumbai: ICRA has upgraded the long-term rating assigned to the Rs 300-crore and Rs 250-crore NCD programmes of Tata Motors Ltd (TML), from `LAA' to `LAA+.'
Back to News Review index page  

Total automation of State Bank group shortly
Hyderabad: All the seven associate banks of the State Bank of India are scheduled to achieve complete computerisation of their branches in the country and overseas within the next couple of months, the SBI group Managing Director, Mr Chandan Bhattacharya, announced here on Thursday.
Back to News Review index page  

i - flex system for Abu Dhabi bank
Bangalore: Abu Dhabi Commercial Bank (ADCB) is implementing i-flex solutions' Flexicube core banking system.

Scheduled to go live in the fourth quarter of 2004, the solution will facilitate the development of new tailor made products and services for ADCB customers, as well as accelerating its time to market.
Back to News Review index page