Indian shares closed lower on Thursday, as investors booked profit on uncertainty related to a trade deal with the United States. The US President Donald Trump said the United States and India were working on a major trade deal but he was not sure if it would be completed before the US presidential election in November.

Sensex, Nifty end lower on US trade deal uncertainty

PNB recently posted the largest-ever quarterly loss of Rs 13,416.91 crore for January-March period due to bad loans.

India must improve performance of public sector banks: IMF

Jain was appointed as IDBI's MD and CEO of IDBI bank in April 2017 before which he was Managing Director & Chief Executive Officer of Indian Bank

Mahesh Kumar Jain appointed as Deputy Governor of RBI for three years

CBI said the agency is carrying out searches at 50 locations, including the residences of former senior IDBI bank officials.

CBI raids Aircel promoter Sivasankaran's companies in IDBI bank loan scam

IDBI shares fell as much as 3.5 per cent to 73.6 rupees

IDBI Bank discloses fraud of Rs 772 crore, shares fall

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