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Idbi Bank
Business  /  Published 28.11.22

IDBI to stay Indian bank

The government will not have any board seats or participate in the management...
By PTI in New Delhi

Business  /  Published 19.11.22

Sebi waiver sought for IDBI

Centre is reportedly not willing to extend December 16 deadline for submission of bids...
By Our Special Correspondent in Mumbai

Business  /  Published 24.10.22

No veto power in IDBI

Bank is valued at Rs 47,633 crore but govt is looking for at least a 30 per cent markup in the sale...
By PTI in New Delhi

Business  /  Published 12.10.22

Large firms barred from bidding for IDBI

RBI guidelines allow industrial houses to hold a maximum of 10 per cent stake inprivate sector banks, but they cannot be a promoter...
By PTI in New Delhi

Business  /  Published 08.10.22

Govt begins IDBI selloff exercise

At present, Life Insurance Corporation holds a 49.24 per cent stake in the bank, while govt has a 45.48 per cent stake...
By Our Special Correspondent in New Delhi

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Business  /  Published 30.09.22

EoIs for IDBI stake sale soon

Centre holds 45.5 per cent of the bank and Life Insurance Corporation of India owns 49.24 per cent...
By R. Suryamurthy in New Delhi

Business  /  Published 23.09.22

Ageas holds 74 per cent in insurer

After the acquisition, the shareholding of Ageas increased from 49 per cent to 74 per cent...
By A Staff Reporter in Calcutta

Business  /  Published 02.09.22

RBI to ease rule for IDBI selloff

This is expected to speed up the stake sale by the Government of India and Life Insurance Corporation of India in the lender...
By Our Special Correspondent in Mumbai

Business  /  Published 25.08.22

51% IDBI stake sale bid

Shares of IDBI Bank ended with gains of nearly three per cent at Rs 40.15 on the news...
By Our Bureau in Mumbai

Business  /  Published 01.06.22

McNally lenders claim Rs 5751cr

Auditors V. Singhi & Associates noted that the company was unable to meet its financial commitments to lenders and various stakeholders...
By Sambit Saha in Calcutta


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