Search For "idbi bank"
Cabinet approves strategic disinvestment in IDBI Bank
Updated : 4 years, 10 months ago IST
New Delhi [India], May 5 (ANI): The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.
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Equity indices dip 1 pc, autos and financials suffer
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Mar 12 (ANI): Equity benchmark indices erased early gains and closed nearly 1 per cent lower on Friday amid profit booking by traders in auto, banking and pharma stocks.
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Equity indices up amid positive global cues, banking stocks gain
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): Equity benchmark indices gained during early hours on Friday tracking positive cues from their Asian peers with banking and metal stocks leading the rally.
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IDBI Intech announces the appointment of Suresh Khatanhar as the new chair
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 21 (ANI/PRNewswire): IDBI Intech Ltd (Intech), a wholly owned subsidiary of IDBI Bank Ltd., announces the appointment of Suresh Khatanhar as the new Chairman of its Board. Suresh Khatanhar takes on the new role in addition to his position as the Deputy M
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IDBI Bank offloads 27 pc stake in IFLI for Rs 595 cr
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 6 (ANI): IDBI Bank said on Thursday it has signed a share purchase agreement with Federal Bank and its Dutch partner Ageas Insurance International NV to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore.
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IDBI Bank to fetch Rs 595 crore by divesting 27 pc stake in IFLI
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 27 (ANI): The board of directors at IDBI Bank has approved a plan to offload 27 per cent stake in IDBI Federal Life Insurance (IFLI) at a combined value of Rs 595 crore, the public sector lender said on Saturday.
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After losses for 13 quarters, IDBI Bank clocks Q4 profit of Rs 135 crore
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 30 (ANI): IDBI Bank on Saturday reported a net profit of Rs 135 crore in the quarter ended March as against a loss of Rs 4,918 crore for Q4 FY19.
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Moody's takes rating actions on four Indian financial institutions
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Moody's Investors Service on Friday affirmed the deposit ratings of ICICI Bank and Axis Bank at Baa3, and of IDBI Bank at Ba2.
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Centre attempting to promote privatisation through disinvestment of LIC, s
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 3 (ANI): Shiv Sena, through its mouthpiece Saamana, said that centre is making an attempt to promote privatisation by announcing the disinvestment of the Life Insurance Corporation (LIC) and IDBI Bank.
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Reforms in banking sector to remain priority: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): A clean, reliable and robust financial sector is critical to achieving the vision of India becoming a five trillion economy in the next five years, Finance Minister Nirmala Sitharaman said on Saturday.
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Govt to sell its holding in IDBI Bank: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): The government's holding in Industrial Development Bank of India (IDBI) will be offloaded through a public offering, Finance Minister Nirmala Sitharaman said on Saturday.
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Crisil assigns A-plus rating for IDBI's Rs 2,000 crore tier-II bonds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Crisil has assigned A-plus rating with stable outlook to the Rs 2,000 crore tier two bonds under Basel III of IDBI Bank Ltd.
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