Page 5 of IDBI Bank News
In the pre-EoI stage, Dipam had received 167 queries from domestic banks/ NBFCs, foreign banks and funds, signalling strong interest…
Following that transaction advisors received requests for an extension of the deadline.
EoI for ConCor next month, HZL offer for sale in FY23
The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last…
Public float tag for post-sale govt stake; No curbs on restructuring of arms
“Suitable arrangements regarding the continuity of this Rupee Payment mechanism will be considered at the RFP stage,” it added.
Indian equity markets are likely to open marginally higher on the week’s last trading day, hinted SGX Nifty as Nifty…
The interested parties were earlier supposed to submit written queries by October 28.
V Vaidyanathan, MD & CEO, IDFC First Bank, is optimistic that despite the rise in interest rates, the huge need…
The pre-provisioning operating profit (PPOP) rose 64% to Rs 2,208 crore in Q2FY23, led by a 11% increase in non-interest…
At the current market price, sale of 61 per cent stake would fetch about Rs 29,000 crore to the exchequer.
LIC, the current promoter, and the government, will together have a residual stake of 34% in IDBI Bank after the…
Last week, the government along with Life Insurance Corporation (LIC) invited Expression of Interest (EoI) for selling 60.72 per cent…
This meant that bidders who qualified in the first or the Expression of Interest (EoI) round, were required to seek…
The Centre’s disinvestment receipts so far this fiscal year have been Rs 24,544 crore, as against the annual target of…
Currently, Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government…
Fixed Deposits are back in the spotlight. HDFC Bank, State Bank of India (SBI) and IDBI are offering special fixed…
Meanwhile, Ramakrishnan said the fund house is targeting to be among the top 10 by AUM (Assets Under Management) in…