Page 2 of IDBI Bank News
NSDL’s IPO is poised for launch with key shareholders like IDBI Bank reducing stakes. Stay updated on this crucial development!
The fund has invested around Rs 415 in 23 MSMEs in the defence and aerospace sector.
The Department of Investment and Public Asset Management (DIPAM) is moving forward with the strategic sale of IDBI Bank, having…
Major banks like SBI, IDBI Bank, Indian Bank, HDFC Bank and Punjab & Sind Bank have come up with special…
The penalty on IDBI Bank was imposed for failing to undertake due diligence while processing inward remittances from a foreign…
The government is expecting to get some premium over the current market price of IDBI Bank given the bank’s splendid…
The IDBI Bank disinvestment process is set to be finalised in March, a report by CNBC TC18 stated while maintaining…
In the event of a bank winning the bid to acquire IDBI Bank, the promoters would be given reasonable time…
The government had received multiple expressions of interest (EOI) on January 7, 2023 for a total of 60.72% stake in…
The Delhi High Court’s recent direction to the Insolvency and Bankruptcy Board of India (IBBI) to frame a code of…
In the event of a bank winning the bid to acquire IDBI Bank, the promoters would be given reasonable time…
In July, the Reserve Bank of India had given ‘fit & proper’ nod to the shortlisted bidders.
The strategic sale of IDBI Bank is expected to go through in the current financial year, Pandey added. Excerpts.
The Net Interest Income (NII) for the period came in at Rs 3233 crore as against Rs 3998 crore during…
In comparison to mutual funds starting at Rs 100 and PMS at Rs 50 lakh, the new asset class, which…
Deposits rose 9% YoY to Rs 2.8 trillion. The share of low-cost current account savings account (CASA) deposits fell to…
The two companies, Spicejet’s Managing Director Ajay Singh and Busy Bee Airways have increased the bid price between 1 billion…
Reports had suggested that Kotak Mahindra Bank and Fairfax India Holdings (promoter of CSB Bank) are likely in the fray…