
The IDBI Bank disinvestment process is set to be finalised in March, a report by CNBC TC18 stated while maintaining…
In the event of a bank winning the bid to acquire IDBI Bank, the promoters would be given reasonable time…
The government had received multiple expressions of interest (EOI) on January 7, 2023 for a total of 60.72% stake in…
The Delhi High Court’s recent direction to the Insolvency and Bankruptcy Board of India (IBBI) to frame a code of…
In the event of a bank winning the bid to acquire IDBI Bank, the promoters would be given reasonable time…
In July, the Reserve Bank of India had given ‘fit & proper’ nod to the shortlisted bidders.
The strategic sale of IDBI Bank is expected to go through in the current financial year, Pandey added. Excerpts.
The Net Interest Income (NII) for the period came in at Rs 3233 crore as against Rs 3998 crore during…
In comparison to mutual funds starting at Rs 100 and PMS at Rs 50 lakh, the new asset class, which…
Deposits rose 9% YoY to Rs 2.8 trillion. The share of low-cost current account savings account (CASA) deposits fell to…
The two companies, Spicejet’s Managing Director Ajay Singh and Busy Bee Airways have increased the bid price between 1 billion…
Reports had suggested that Kotak Mahindra Bank and Fairfax India Holdings (promoter of CSB Bank) are likely in the fray…
The government along with LIC is selling nearly 61 per cent stake in IDBI Bank and had in October 2022,…
These include receipts on account of disinvestment, asset monetisation and other capital receipts not classified elsewhere in the Budget.
The bank’s net advances rose 18% y-o-y to Rs 1.8 trillion as on December 31. IDBI Bank increased its focus…
IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, after the acquisition of an additional 82,75,90,885…
A fresh Request For Proposal (RFP) would be invited soon after a review of some of the bid criteria to…
A three-member NCLAT bench deferred the hearing after the counsel appearing in the matter sought an adjournment to complete the…