Page 4 of IDBI Bank News
The transaction adviser KPMG India is understood have handed over relevant documents submitted by the bidders at EoI stage to…
IDBI Bank appointed Smita Harish Kuber as the CFO with effect from April 01, 2023, in place of P. Sitaram,…
Debunking media reports which indicated a possibility of deferment of IDBI Bank disinvestment, the Department of Investment and Public Asset…
IDBI Bank is aiming at forming partnerships with fintechs for digital loans, connected banking and neo-banking services.
RBI will have to undertake the mandatory “fit-and-proper assessment” of the bidders, while the ministry will verify their antecedents for…
The Budget should close the perpetual infancy arguments for/of PSUs as ownership neutrality makes them stronger and the securities market…
The bank maintains that it has not received any communication from the government on the divestment process after floating the…
SGX Nifty hints at a positive opening for benchmark indices BSE Sensex and NSE Nifty 50 amid strong global cues.…
The transaction is expected to get over in the second half of next fiscal year beginning April 2023.
On October 7 last year, the Centre invited EoIs for IDBI Bank and offered to sell a total of 60.72%…
The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting…
SGX Nifty hints at a tepid opening for domestic benchmark indices BSE Sensex and NSE Nifty 50. Reliance Industries (RIL),…
In a letter to the Department of Investment & Public Asset Management (DIPAM), the regulator said it allowed relaxation under…
Firms jointly or individually majority-owned by government and PSUs also get the leeway
Move to increase investor interest in the bank
The provisions of Section 56(2)(x) of the Income Tax Act provide for taxing the difference if the off-market price at…
Buyer to get more time to meet public float norm
IDBI Bank has claimed an amount of Rs 149.60 crore, which has been disputed by ZEEL, said a regulatory update…