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Idbi Bank
Business  /  Published 24.01.23

Axis Bank profit rises 62%

Despite a decline in bad loans, provisions and contingencies increase to Rs 1,437.73 crore from Rs 1,334.83 crore in the same period a year ago...
By Our Bureau in Mumbai

Business  /  Published 12.01.23

IDBI Bank financial bids by Sept

Several global and domestic institutions have expressed interest in buying about 61 per cent of LIC's stake ...
By Our Bureau in New Delhi

Business  /  Published 08.01.23

Multiple bids for IDBI Bank

At present, Centre and Life Insurance Corporation hold 94.72 per cent in the bank...
By Our Special Correspondent in Mumbai

Business  /  Published 06.01.23

Govt stake in IDBI to be reclassified as public

Move will take public shareholding in IDBI to 20.29% with a 5.29% stake currently held by retail investors and banks among others...
By Reuters, PTI in New Delhi

Business  /  Published 04.01.23

Fillip to IDBI selloff

Govt exempts public sector entities from minimum public shareholding norm which mandates at least 25 per cent public float for all listed companies...
By Our Special Correspondent in New Delhi

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Business  /  Published 15.12.22

IDBI bids by Jan 7

The government had invited bids from potential buyers in October...
By Our Special Correspondent in New Delhi

Business  /  Published 10.12.22

More time for IDBI bids

Transaction advisers have received a few requests for an extension of the deadline...
By Our Bureau in New Delhi

Business  /  Published 09.12.22

IDBI Bank privatisation: Bid submit deadline extended

The government and LIC together are looking to sell a 60.72 per cent stake in the bank...
By PTI in New Delhi

Business  /  Published 07.12.22

Foreign funds allowed to hold 51% in IDBI

Analysts say it will pave way for Alternative Investment Funds to bid for a controlling stake in the bank...
By Our Special Correspondent in New Delhi

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


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