State-run Life Insurance Corp Of India (LIC), which is planning the country's largest IPO next month, may not sell its entire stake in IDBI Bank and can use its large network of branches to market its insurance services, its chairman said.

India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman

Following news that IDBI Bank has entirely recovered its debts from the now-defunct Kingfisher Airlines, fugitive tycoon Vijay Mallya criticised banks for claiming he owed them money on Thursday.

Vijay Mallya mocks banks for saying he still owes money, shares report

The actions could include stricter norms for lending, branch expansion, management change and asset reduction.

RBI puts Bank of India under watch as bad loans surge; shares tumble

The trial began with the Crown Prosecution Service (CPS), arguing on behalf of the Indian government, presenting its opening arguments in the case which focused on loans totalling around Rs 2,000 crores sought by the erstwhile Kingfisher Airlines from a consortium of Indian banks

Mallya has 'case of fraud' to answer, UK court told

Tycoon says assets were bought before his now-bankrupt airline was launched

Mallya: No legitimate basis for authorities to confiscate my assets

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India's IPO-bound LIC may not sell entire stake in IDBI Bank - chairman

Vijay Mallya mocks banks for saying he still owes money, shares report

RBI puts Bank of India under watch as bad loans surge; shares tumble

Mallya has 'case of fraud' to answer, UK court told

Mallya: No legitimate basis for authorities to confiscate my assets