IDBI Bank sale: Govt likely to invite EoI in October first week While the Centre is keen to conclude the transaction during the current financial year, it may spill over to next… 3 years agoSeptember 27, 2022
Wipro, Tech Mahindra, Punjab National Bank, IDBI Bank, Century Ply stocks in focus on weekly F&O expiry Indian equity markets are likely to open in red on Thursday, weekly F&O expiry, amid weak global cues. Early trends… 3 years agoSeptember 22, 2022
Tamilnad Mercantile Bank, Tata Steel, Paytm, IDBI Bank, HFCL, GR Infra stocks in focus on weekly F&O expiry Bulls may attempt a comeback on Dalal Street on weekly F&O expiry day, suggested early trends on SGX Nifty. Ahead… 3 years agoSeptember 15, 2022
IDBI Bank sale to herald PSB privatisation: Tuhin Kanta Pandey EoI for strategic disinvestment of the lender soon 3 years agoSeptember 14, 2022
EoI for IDBI Bank stake sale likely next month There are still some pending issues that need to be discussed with the Reserve Bank of India and Securities and… 3 years agoAugust 30, 2022
IDBI Bank CEO Rakesh Sharma says lender can recover $2.4 billion in bad loans IDBI Bank Ltd.’s chief executive officer said the lender is likely to recoup Rs 195 billion ($2.4 billion) on soured… 3 years agoAugust 26, 2022
Fixed Deposit interest rate changed – Senior Citizens get up to 8.15% in this bank. Details here Fixed Deposit Interest Rate: Following this trend of rising term deposit rates, two banks today announced a revision in their… 3 years agoAugust 22, 2022
Govt, LIC may offer up to 60% stake in IDBI Bank To invite bids in August; RBI, Sebi to ease rules to aid divestment process. 3 years agoJuly 26, 2022
IDBI Bank net up 25% as provisions slide Asset quality improved, with the gross NPA ratio falling to 19.9% in Q1FY23 from 20.16% in the previous quarter. The… 3 years agoJuly 21, 2022
Bajaj Finserv, IDBI Bank, Star Health among 32 BSE stocks at fresh 52-week lows; Blue Dart at new high After a gap-up start on Thursday, BSE Sensex and NSE Nifty 50 gave up gains and turned negative. 4 years agoJune 30, 2022
Expression of interest for IDBI Bank sale next month The Department of Investment and Public Asset Management (Dipam), which held roadshows in the US in the last few days,… 4 years agoJune 10, 2022
Govt likely to invite preliminary bids for IDBI Bank privatisation next month: Official The Department of Investment and Public Asset Management (DIPAM) is currently holding roadshows in the US for the sale. After… 4 years agoJune 10, 2022
IDBI Bank calls AGM to seek nod for fund-raising In December 2020, IDBI Bank had raised Rs 1,435 crore via qualified institutional placement. Life Insurance Corporation, which holds a… 4 years agoMay 26, 2022
Slide in provisions drives IDBI Bank’s Q4 net Gross advances grew 10% y-o-y to Rs 1.78 trillion at the end of March. Retail loans accounted for 63% of… 4 years agoMay 2, 2022
PNB, IDBI Bank get govt nominee directors on their boards Pankaj Sharma has been nominated as a director of the bank through a notification dated April 11, 2022 with immediate… 4 years agoApril 12, 2022
IDBI Bank buyer to get leeway; promoter holding, listing norms may be eased Currently, Life Insurance Corporation (49.24%) and the government (45.48%) together hold 94.78% stake in the lender. 4 years agoApril 8, 2022
Disinvestment receipts hit a decade’s low in FY22; LIC IPO, sale of BPCL, IDBI Bank in FY23 The disinvestment receipts were Rs 14,000 crore against the target of Rs 40,000 crore in FY12. Receipts of Rs 1… 4 years agoApril 4, 2022
Roadshows grab investors’ interest: EoI for IDBI Bank sale to be floated in April Premium Story Success in the IDBI Bank sale may be indicative of broader investor appetite in state-owned banks with adequate loan-loss reserves. 4 years agoApril 12, 2022
