Govt plans to float EoI for its stake sale in IDBI Bank next month The government may look to sell around a 26 per cent stake in the bank, along with management control to… 4 years agoMarch 14, 2022
LIC wants to retain part of its stake in IDBI Bank; we are well-capitalised, says chairman MR Kumar The chairman added there was “no sense’ as yet of the extent of the stake that would be retained as… 4 years agoFebruary 22, 2022
IPO-bound LIC wants to remain IDBI Bank shareholder for bancassurance gain IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional 8,27,590,885… 4 years agoFebruary 21, 2022
LIC IPO: DRHP states additional capital support to IDBI Bank may have adverse impact on LIC The government expects to mobilise about Rs 63,000 crore from the proposed Offer-for-Sale (OFS) to meet the lower disinvestment target… 4 years agoFebruary 15, 2022
IDBI Bank Q2 profit surges 75% to Rs 567 cr The lender’s stressed assets ratio also improved, with gross non-performing assets (NPAs) declining to 20.92 per cent of gross loans… 4 years ago
Bharti Airtel, IDBI Bank, Infosys, Bank of India, Tata group stocks in focus on F&O expiry day Nifty futures were trading 22.50 points or 0.14 per cent down at 16,604 on Singaporean Exchange, indicating a gap-down start… 4 years ago
IDBI Bank net up fourfold on recovery of Kingfisher dues, higher other income Recovery from technically written off accounts improved to Rs 331 crore during the June quarter, compared to Rs 117 crore… 4 years agoJuly 29, 2021
HCL Tech, Maruti Suzuki, Avenue Supermarts, BPCL, IDBI Bank, HFCL stocks in focus Nifty futures were trading 69.50 points or 0.44 per cent higher at 15,797.50 on Singaporean Exchange, suggesting a positive start… 4 years ago
Govt extends deadline for transaction, legal advisors to bid for managing IDBI Bank sale till Jul 22 Finance Minister Nirmala Sitharaman in her Budget for 2021-22 had said the process of privatisation of IDBI Bank would be… 4 years ago
LIC’s stake in IDBI Bank to be sold along with govt’s: DIPAM The central government and LIC together own more than 94 per cent equity of IDBI Bank. 4 years ago
HDFC Bank, IDBI Bank, Vodafone Idea, Jaypee Infratech, Apollo Hospitals stocks in focus Nifty futures were trading 51 points or 0.32 per cent up at 15,821 on Singaporean Exchange, suggesting a positive opening… 5 years ago
EoI for sale of IDBI Bank likely by September As per the plan, the government will exit the IDBI Bank by divesting its entire 45.48% stake worth about Rs… 5 years agoJune 22, 2021
IDBI Bank share price surges 15% on Cabinet’s in-principle nod to strategic divestment IDBI Bank share price surged 15 per cent to Rs 43.50 apiece in intraday on BSE on Thursday, after the… 5 years ago
Tata Consumer, IDBI Bank, Maruti Suzuki, Adani Power, Indian Bank, Hero MotoCorp stocks in focus BSE Sensex and Nifty 50 were staring at a positive start on Thursday, after surging nearly one per cent higher… 5 years ago
Kotak Bank, Adani Ports, ICICI Bank, Tata Chemicals, JSW Energy, L&T Tech stocks in focus After ending flat in the previous session, BSE Sensex and Nifty 50 are looking to open in the negative territory… 5 years ago
IDBI Bank Q4 net jumps 278% on higher NII, one-off tax refund The bank said it has set aside another Rs 1,300 crore worth of interest refund from the same tax-related income… 5 years agoMay 4, 2021
Key Budget proposals effective from new fiscal 2021-22: Income tax rules, dividend relief, privatisation, more The new financial year has started From April 1, 2021, and with it, rules and announcements made by Finance Minister… 5 years ago
CBI carries out searches at 100 locations across 11 states in separate bank fraud cases “These searches are part of a special drive to book fraudsters on the complaints received from different nationalised banks in… 5 years agoMarch 25, 2021
Go First bidders increase offer following banks’ nudge, original bid raised by 1-1.5 billion rupees: Sources
