Govt to complete IDBI Bank strategic sale in FY’25: DIPAM Secy The government along with LIC is selling nearly 61 per cent stake in IDBI Bank and had in October 2022,… 2 years agoFebruary 2, 2024
Interim Budget 2024: No separate target for disinvestment receipts These include receipts on account of disinvestment, asset monetisation and other capital receipts not classified elsewhere in the Budget. 2 years agoFebruary 2, 2024
IDBI Bank PAT rises 57% Y-o-Y on strong advances The bank’s net advances rose 18% y-o-y to Rs 1.8 trillion as on December 31. IDBI Bank increased its focus… 2 years agoJanuary 20, 2024
LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassurance IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, after the acquisition of an additional 82,75,90,885… 2 years agoNovember 27, 2023
Govt cancels bid for appointing asset valuer for IDBI Bank, fresh RFP to be issued A fresh Request For Proposal (RFP) would be invited soon after a review of some of the bid criteria to… 2 years agoNovember 21, 2023
NCLAT adjourns hearing on IDBI’s insolvency plea against Zee Entertainment to Dec 6 A three-member NCLAT bench deferred the hearing after the counsel appearing in the matter sought an adjournment to complete the… 2 years agoNovember 8, 2023
IDBI Bank to launch tech platform for credit cards in 3 months The bank has issued 33,451 credit cards as of September 30. Its market share is negligible at 0.03%. 2 years agoOctober 27, 2023
Deadline extended for asset valuers to apply for IDBI Bank disinvestment The department of investment and public asset management (DIPAM) has extended the application deadline to October 30 for firms interested… 2 years agoOctober 5, 2023
IDBI Bank plans to recover Rs 4,000-crore bad loans in FY24 The bank had recovered bad loans worth Rs 1,628 crore in April-June. Recovery from written-off accounts was at Rs 91… 2 years agoJuly 25, 2023
IDBI Bank profit soars 62% on strong loan growth Net interest income, the difference between interest earned and interest expended, grew 61% YoY to Rs 3,998 crore. Non-interest income… 2 years agoJuly 24, 2023
Senior Citizen Fixed Deposit rate hike in July: New scheme offers 7.6% interest for 375 days Senior Citizen Fixed Deposit interest rate hike (July 20e3): Senior Citizens can get 7.6% interest on deposits of 375 days… 2 years agoJuly 17, 2023
IDBI Bank stock: Check best level to buy, even better level to buy more; brokerage eyes turnaround, pins target In its research note, HDFC Securities advised investors to purchase shares of IDBI Bank within the price range of Rs.… 2 years agoJuly 3, 2023
Ashok Leyland partners IDBI Bank for channel partner financing The e-Supply Chain Financing solution will enable Ashok Leyland’s dealers to access working capital easily and quickly through an end-to-end… 3 years agoJune 22, 2023
Jayakumar S Pillai takes charge as IDBI Bank’s Deputy Managing Director The Board had approved the appointment of Jayakumar Subramonia Pillai as the Deputy MD on May 22 for a period… 3 years ago
IDBI Bank buyer to get tax waiver on LIC stake as well CBDT amends taxation rules for notional gains over acquisition price. 3 years agoJune 1, 2023
One less hurdle for Sony merger: NCLT dismisses IDBI Bank’s insolvency plea against Zee This comes at a time when Zee is close to completing a merger with Sony Pictures Network India, a subsidiary… 3 years agoMay 19, 2023
IDBI Bank data room to open for bidders soon No easing of the merger condition for the banks among suitors 3 years agoMay 16, 2023
IDBI Bank’s net profit rises 64% y-o-y in Jan-March on strong NII The net profit of IDBI Bank rose 64% year-on-year (y-o-y) in the March quarter due to a growth in its… 3 years agoApril 29, 2023
