IDBI Bank
Decision on IDBI Bank stake sale likely this fiscal: Kishor Kharat
Government is working on the stake sale of IDBI Bank and a decision in this regard could be taken during the current fiscal, its Managing Director Kishor Kharat today said.
S&P affirms BB+ long-term credit ratings on IDBI Bank
S&P Global Ratings on Monday affirmed its 'BB+' long-term and 'B' short-term foreign currency issuer credit ratings on IDBI Bank and said the outlook on long-term rating was stable.
IDBI Bank Q4 net loss at Rs 1,736 cr as bad loans double
State-owned IDBI Bank today posted a net loss of Rs 1,735.81 crore for the March quarter, hit by a two-fold jump in bad loans.
Pay Income tax dues on time to avoid last-min rush: RBI
The Reserve Bank has asked income tax assessees to pay their tax dues well in advance to avoid last minute rush.
ED seeks Vijay Mallya’s deportation; writes to MEA
ED has approached the External Affairs Ministry seeking initiation of deportation proceedings against liquor baron Vijay Mallya in connection with its money laundering probe against him in the Rs 900 crore IDBI alleged loan f
Special PMLA Court issues non bailable warrant against Vijay Mallya
Special PMLA Court on Monday issued non bailable warrant against Vijay Mallya in the Rs 430 crore IDBI money laundering case.
IDBI loan fraud case: Kingfisher Airlines moves court, terms ED charges false
Terming the Enforcement Directorate (ED) allegations as baseless, the company said Vijay Mallya has not siphoned off Rs 430 crore from IDBI loan to buy property overseas.
Stop privatisation of IDBI, Arvind Kejriwal urges Narendra Modi
Opposing the central government's move to privatise Industrial Development Bank of India (IDBI), Delhi Chief Minister Arvind Kejriwal on Saturday urged Prime Minister Narendra Modi to stop the process and allow the banks to r
9 stocks that remained in news today: Lupin, Excel Industries and more
Zydus Healthcare, a subsidiary of Cadila Healthcare, has acquired gastrointestinal brand 'Actibile' from drug firm Albert David for an undisclosed amount.
Two IDBI Bank unions to go on strike from Monday
A section of officers and employees of IDBI Bank are going on strike from Monday to protest against the government's plan to pare its stake in the lender.
Moody’s retains ratings on SBI, IDBI; sees NPA woes stabilising
Moody's Investors Service has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P and expects not much deterioration in its asset quality.
IDBI Bank to cut net NPAs to zero in revamp bid
IDBI Bank plans to slash its net non-performing assets (NPAs) to zero by March 2019 from 4.60% in Q3 FY16, as part of its major revamp plan...
IDBI Bank shares surge over 15% on govt’s budget proposal
IDBI Bank shares surged as much as 16 per cent after the Finance Minister Arun Jaitly said that the government has option to reduce stake in the bank below 50 per cent.
IDBI Bank shares gain over 3% intraday on Sebi approval to raise Rs 3,771 cr
IDBI Bank shares gained as much as 3.77% on Wednesday after the bank received Sebi approval to raise capital by issue of equity shares aggregating upto Rs 3,771 crore
IDBI Bank to raise Rs 3,771 crore through QIP route
Board of the bank also approved visit of top management team of the bank to larger domestic and International investor centers to target major investor hubs and BFSI focused investors including meetings with big-ticket domest
Top 6 stocks that made news today: Tata Motors, IRB Infrastructure and more
Ashok Leyland shares ended 3.61 per cent up at Rs 91.95 after Hinduja Group flagship firm on Saturday reported a 31.4 per cent increase in total sales t 12,209 units in December 2015.
IDBI Bank strategic stake sale unlikely this fiscal
Government is unlikely to go for a strategic stake sale of state-owned IDBI Bank during the current fiscal due to some procedural issues.
Top 10 stocks that remained in focus today: Jet Airways, Petronet LNG and more
Atul Auto shares closed 2.96 per cent up at Rs 564.50 after the company reported 8.01 per cent growth in sales for the month of December 2015 at 4,005 units as compared to 3,708 units sold in December 2014.
CBI questions UB Group’s Vijay Mallya in alleged Rs 900 cr loan default case
CBI today examined UB Group Chairman Vijay Mallya in connection with its probe into alleged loan default of Rs 900 crore taken from IDBI bank.
7 stocks that made news today: Reliance Communications, Sun Pharma and more
Reliance Communications shares closed 3.11 per cent down at Rs 81.05 after it signed a pact to sell its tower and optic fibre assets in India to private equity firms TPG and Tillman Global in a deal estimated at about Rs 30,0
IDBI Bank shares hit new 52-week high on stake sale reports
IDBI Bank share price surged as much as 10.07 per cent on Monday on reports that the government is in talks with International Finance Corporation (IFC) to sell a stake in the bank. The stock also hit a new 52-week high of Rs
IDBI Bank staff on strike against govt privatisation plan
Over 30,000 employees of IDBI Bank are on a one-day strike to protest government's plans to privatise the lender by creating a Axis Bank-like structure for it.
IDBI Bank union to strike today to oppose stake sale move
Banking operations of state-run IDBI Bank across the country are likely to come to a halt on Friday as its officers and employees’ unions, opposing the Centre's move to dilute stake in the lender, have decided to go on with
IDBI Bank raises Rs 2,310 crore via green bonds
IDBI Bank today said it has raised USD 350 million (about Rs 2,310 crore) from green bonds to fund clean energy projects.
