Search For "idbi"
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, 2 months 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, 9 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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CBI files new case against Videocon CMD Venugopal Dhoot for 'undue pecunia
Updated : 5 years, 9 months ago IST
New Delhi [India], June 24 (ANI): The Central Bureau of Investigation (CBI) on Tuesday registered a case against Venugopal Dhoot, CMD of Videocon Industries Limited (VIL) and unknown officials of a consortium of lenders led by the State Bank of India (SBI) for alleged undue pecuniary gains t
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After losses for 13 quarters, IDBI Bank clocks Q4 profit of Rs 135 crore
Updated : 5 years, 10 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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Tilaknagar Industries completes settlement with Bank of India
Updated : 5 years, 11 months ago IST
Mumbai (Maharashtra) [India] April 15 (ANI/NewsVoir): Leading alcoholic beverages manufacturer, Tilaknagar Industries Limited today announced the completion of its One Time Settlement (OTS) with Bank of India (BOI) as it paid the compromise amount of Rs 95 crore to BOI against its outstandin
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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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Sachin Tendulkar flags off Kolkata Full Marathon
Updated : 6 years, 1 month ago IST
Kolkata (West Bengal) [India], Feb 2 (ANI): Former India legendary batsman Sachin Tendulkar on Sunday flagged off IDBI Federal Life Insurance Kolkata Full Marathon 2020 at the Iconic Rangers Ground here.
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