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Latest Articles in idbi bank
Aditya Birla ARC, Arcil Among Investors For IDBI Bad Loans
Twelve investors, including Aditya Birla ARC, Asset Reconstruction Company India (Arcil), ASREC, Invent ARC, Omkara ARC, Phoenix ARC, UV ARC, Alchemist ARC and Prudent ARC have shown preliminary interest to acquire bad loans of IDBI Bank amounting to Rs 8,842 crore.
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Benchmark Indices Open Green To Trade Sideways, Pharma Gets Bullish
Nifty 50 index opened 0.05 per cent up at 19,792, while the Sensex opened 0.03 per cent higher at 65,945
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IDBI Bank Stake Sale Unlikely To Conclude by March 2024: Govt Official
The government, holding a majority stake of 45 per cent in IDBI Bank, and life insurance giant LIC, with a 49.24 per cent share, have collaboratively agreed to divest a 60.7 per cent stake in the bank
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NCLAT Set To Hear IDBI's Plea For ZEE Entertainment's Insolvency Proceedings Today
IDBI Bank had raised objections to the decisions made by the Mumbai bench of NCLT, which had rejected the private lender's request to initiate insolvency proceedings against Zee Entertainment
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IDBI Bank's Q1 PAT Reaches Rs 1,224 Crore
The bank reported a total income of Rs 7,711.95 crore for Q1FY24, a significant increase from Rs 5,774.11 crore in Q1FY23
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IDBI Bank's Insolvency Plea Request Against Zee Entertainment Rejected By NCLT
IDBI Bank appealed to the NCLT in December last year, claiming an amount of Rs 149.60 crore. The amount was disputed between IDBI Bank and Zee Entertainment.
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IDBI Bank Posts 60% Growth In Profit In Q3
The Mumbai-headquartered IDBI bank said, "CASA (current account savings account) increased to Rs 1,26,663 crore as on 31 December 2022, as against Rs 1,21,732 as on 31 December 2021 (year-on-year growth of 4 per cent)
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IDBI Strategic Stake Sale: SMBC Bank, Oaktree Capital Mangement Submit EoIs
7 January was the last date for submitting EoIs, and the financial bids are expected to be invited by March end
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Govt To Hold Financial Bids For IDBI Bank In Sept
After the strategic sale, the 94.72 per cent stake of the government and LIC together will come down to 34 per cent in the bank
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Stock Market Update: TCS, IRB Infra, Tata Motors To Ring In Profits, Droneacharya Aerial Innovations Touches 52-Week High
The stock market zoomed on Monday with both Nifty and Sensex closing with gains. Experts feel that the market may continue to see a period of ups and downs
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Market Update: BPCL, IDBI To Kickstart The Week, Watch Out For TCS, Tata Steel
After a fall last week, Monday may prove volatile for the stock market. Experts say that there has been a slump in the market since the last few days and even today, the market may witness ups and downs
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Dabur, HDFC Life, Hero Motocorp To Make Stock Market Shine Today
The last two days have witnessed a slow momentum of the stock market. Experts say that the global trends may cause ups and downs in the market even today
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‘IDBI To Stay As Indian Private Sector Bank Post Strategic Sale’
On October 7, the government invited bids for privatising IDBI Bank
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Govt Seeks $7.7 Bn Value For IDBI Bank's Stake Sale: Report
The government is looking at a premium of roughly 33 per cent based on IDBI Bank’s market value of about USD 5.8 billion as of 20 October
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Centre Will Soon Invite Bids For IDBI Bank Privatisation: DIPAM Secy
At present, the government holds 45.48 per cent stake in the bank and Life Insurance Corporation holds 49.24 per cent
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