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The Budget should close the perpetual infancy arguments for/of PSUs as ownership neutrality makes them stronger and the securities market…

January 28, 2023 04:15 IST

IDBI Bank: The journey from PCA to highest-ever quarterly net profit

The bank maintains that it has not received any communication from the government on the divestment process after floating the…

January 28, 2023 02:20 IST

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Axis Bank, Maruti Suzuki, Wipro, IDBI Bank, TVS Motor Company, Nykaa, HDFC AMC, Tata Coffee stocks in focus

SGX Nifty hints at a positive opening for benchmark indices BSE Sensex and NSE Nifty 50 amid strong global cues.…

January 24, 2023 07:18 IST

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Financial bids for IDBI Bank expected to come in by September, says DIPAM Secretary

The transaction is expected to get over in the second half of next fiscal year beginning April 2023.

January 11, 2023 12:39 IST

Multiple EoIs for IDBI Bank: Government

On October 7 last year, the Centre invited EoIs for IDBI Bank and offered to sell a total of 60.72%…

January 8, 2023 05:30 IST

Govt gets multiple preliminary bids for buying 61 pc stake in IDBI Bank

The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting…

January 7, 2023 18:44 IST

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IDBI Bank, Reliance Industries, Avenue Supermarts, IndiGo, Poonawalla Fincorp, Axis Bank, RVNL stocks in focus

SGX Nifty hints at a tepid opening for domestic benchmark indices BSE Sensex and NSE Nifty 50. Reliance Industries (RIL),…

January 6, 2023 07:01 IST

Sebi okays govt stake in IDBI Bank to be reclassified as ‘public’

In a letter to the Department of Investment & Public Asset Management (DIPAM), the regulator said it allowed relaxation under…

January 6, 2023 01:30 IST

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IDBI Bank sale to be ease: Minimum public float waiver extended to more govt firms

Firms jointly or individually majority-owned by government and PSUs also get the leeway

January 4, 2023 00:30 IST

Relaxed open offer norm for PSUs to apply to IDBI Bank

Move to increase investor interest in the bank

December 23, 2022 03:30 IST

IDBI Bank buyer to get tax relief on LIC stake

The provisions of Section 56(2)(x) of the Income Tax Act provide for taxing the difference if the off-market price at…

December 21, 2022 01:20 IST

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Changes make IDBI Bank sale smoother: Relaxed listing norms to give a leg up to CPSE privatisation

Buyer to get more time to meet public float norm

December 16, 2022 01:15 IST

IDBI Bank files insolvency plea against Zee Entertainment to recover Rs 149.60 crore

IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update…

December 15, 2022 18:45 IST

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IDBI Bank EoI deadline extended to January 7

In the pre-EoI stage, Dipam had received 167 queries from domestic banks/ NBFCs, foreign banks and funds, signalling strong interest…

December 15, 2022 01:45 IST

Govt extends bid submission deadline till January 7 for IDBI Bank sale

Following that transaction advisors received requests for an extension of the deadline.

Updated: December 14, 2022 13:06 IST

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December 16 deadline extended: Bidding for IDBI Bank now open till January

EoI for ConCor next month, HZL offer for sale in FY23

December 10, 2022 06:30 IST

Deadline to submit bids for IDBI Bank privatisation to be extended till early January

The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last…

Updated: December 9, 2022 13:22 IST

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Regulatory forbearance offered to IDBI Bank buyer

Public float tag for post-sale govt stake; No curbs on restructuring of arms

November 28, 2022 05:00 IST

These clarifications are part of the responses by the Department of Investment and Public Asset Management (DIPAM), under the finance ministry, to potential investors' pre-EoI queries.

IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale; govt’s 15 pc residual stake to be considered public holding

“Suitable arrangements regarding the continuity of this Rupee Payment mechanism will be considered at the RFP stage,” it added.

November 27, 2022 17:09 IST

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Maruti Suzuki, Indus Towers, Tata Power, JSW Steel, SBI Cards, Blue Dart Express, IDBI Bank stocks in focus

Indian equity markets are likely to open marginally higher on the week’s last trading day, hinted SGX Nifty as Nifty…

October 28, 2022 07:09 IST

IDBI Bank sale: Last date for submission of queries extended by 13 days

The interested parties were earlier supposed to submit written queries by October 28.

October 28, 2022 01:05 IST

This was all because of a sharper rise in income than the increase in cost of goods, so affordability is the highest in 25 years.

‘Borrowers will get used to new rate structure in three-four months’

V Vaidyanathan, MD & CEO, IDFC First Bank, is optimistic that despite the rise in interest rates, the huge need…

Updated: October 28, 2022 17:10 IST

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IDBI Bank strike: Authorities say bank to function for extended working hours Thursday

IDBI Bank strike: State-owned bank today said it will remain open for government business for extended working hours on Thursday…

March 31, 2016 08:15 IST

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IDBI Bank claims strike against stake sale failed; unions beg to differ

Even as unions of state-run IDBI Bank today claimed a successful one-day strike, the management said the bank “functioned normally”.

March 29, 2016 17:08 IST

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IDBI Bank strike from Monday: Unions to protest Arun Jaitley’s stake sale proposal

IDBI Bank strike: A section of officers and employees of IDBI Bank are going on strike from Monday to protest…

March 27, 2016 19:31 IST

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IDBI Bank staff gives strike call to protest Arun Jaitley’s Budget announcement

IDBI Bank staff gives strike call to protest Arun Jaitley’s Budget announcement: IDBI Bank staffers, belonging to the All India…

March 24, 2016 15:28 IST

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