any action. For the first quarter of the current financial year 2017-18, the bank reported a net loss.853 crore compared to a profit.241 crore during the corresponding period last financial year. Represented idbi Bank Ltd. Specialised development financial institutions (DFIs) such as the idbi, nabard, NHB and, sidbi were set up to meet the long-term financing requirements of industry and agriculture. While the reported loss was lower than the preceding quarter, bad loans continued to surge. Stated that the Bank is committed to provide financial support to the msme sector which is one of the thrust areas of the Bank. We shall not be liable for any errors, inaccuracies or omissions in our content.
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State Bank of India (SBI) and other nationalized banks in accordance with the notification dated 26 February 2013 by the finance ministry. Growth among small companies triggers local demand and consumption, secures employment and is a key factor in the creation of new jobs said Dr Norbert Kloppenburg, member of the Executive Board of the KfW Group. I-Sec, UltraTech, SBI Life results on Friday. Bank Locations, Branch Name, Address, email, phone. Norbert Kloppenburg, Member of the Executive Board of KfW represented KfW at the signing ceremony held in New Delhi. In the quarter ending September 2017 the bank bounced back with a loss.198 crore compared to a loss of over.2,000 crore in the previous quarter. ABB gets 115-cr order from Indian Railways.