Search For "idbi"
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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Fish farming fraud: ED attaches assets of Pappu Singh, family worth Rs 51.
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 1 (ANI): The Enforcement Directorate (ED) has attached movable and immovable assets worth Rs 51.43 crore belonging to Kumar Pappu Singh, his family members and firms controlled by him in connection with the IDBI fish farming loan fraud case.
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Crisil assigns A-plus rating for IDBI's Rs 2,000 crore tier-II bonds
Updated : 6 years, 3 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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NBCC submits revised resolution plan for Jaypee Infratech
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 4 (ANI): Public sector construction major NBCC India Ltd has submitted a revised resolution plan for debt-laden Jaypee Infratech Ltd.
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Muthoot Finance to acquire IDBI Mutual Fund for Rs 215 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): Muthoot Finance Ltd, the largest gold loan non-banking finance company in the country, on Friday entered into a definitive agreement to acquire IDBI Asset Management Ltd and IDBI Mutual Fund Trustee Company Ltd, paving way for its entry into mutual
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IDBI Bank's board approves preferential issue of Rs 4,557 crore to governm
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 19 (ANI): The board of directors at IDBI Bank on Thursday approved the proposal for preferential issue of capital to the government and Life Insurance Corporation (LIC) totalling up to Rs 4,557 crore and Rs 4,743 crore respectively.
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Cabinet clears Rs 9,300 crore capital infusion in IDBI Bank
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 3 (ANI): The Central government on Tuesday approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender's capital base.
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Cabinet approves recapitalisation of IDBI
Updated : 6 years, 6 months ago IST
New Delhi,[India] Sep 3 (ANI) The Union Cabinet on Tuesday approved recapitalisation of IDBI Bank with a one-time infusion of Rs 9,300 crore.
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S&P places IDBI Bank 'BB/B' ratings on credit watch negative, shares fall
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet capital requirements over the next few months.
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IDBI Bank ramps up Talent Building Program with Manipal Global Academy of
Updated : 6 years, 8 months ago IST
Bengaluru (Karnataka) [India] July 26(ANI/NewsVoir): Manipal Global Academy of BFSI (MGABFSI) and IDBI Bank Ltd have renewed a Memorandum of Understanding for further period of two years to enroll the students for one year Post Graduate Diploma in Banking and Finance (PGDBF) programme.
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Ind-Ra downgrades IDBI Bank's rating outlook to negative
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): India Ratings and Research (Ind-Ra) has revised IDBI's long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from 'rating watch negative' to 'negative.
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