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Latest Articles in idbi bank

IDBI Bank's Gold Loan Business Crosses Rs 10,000 Cr Milestone

The LIC-controlled bank said its loan processing system is fully automated and this has helped in the growth of the gold loan book

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IDBI Bank Divests Its Entire 19.18% Stake In ARCIL To Avenue India

With this, the LIC-controlled lender said it ceases to be a sponsor shareholder of ARCIL

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The LIC Advantage: Ahead Of All Competitors

The intrinsic and embedded value of the LIC would be far higher than the IPO pricing as it is still far ahead of its competitors, writes S Ravi

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IDBI Bank Posts 35% Net Profit At Rs 691 Cr In Q4

The bank's core interest income during the period was down at Rs 4,599.67 crore as against Rs 5,781.48 crore a year ago. Income from other sources was also lower at Rs 844 crore from Rs 1,113 crore

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LIC Keen To Retain Some Stake In IDBI Bank For Bancassurance Gains: Chairman

Along with the government, Life Insurance Corporation (LIC) will also divest its stake in IDBI Bank, but may not exit completely, LIC Chairman MR Kumar told PTI in an interview

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IDBI Bank Seeks Shareholders Nod For 10-fold Hike In MD & CEO Salary

Members' permission is also sought to re-appoint Sharma as the MD & CEO for another three years with effect from March 19, 2022

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Debt Trustee Units Of SBI, Axis, IDBI Under CCI Scanner For Suspected Fee Cartel

Indian regulations mandate that companies raising debt appoint a so-called "debenture trustee" to protect the interests of investors. The trustees charge a fee from the companies issuing the debt and make independent due-diligence checks on them

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IDBI Bank Privatisation: Govt Holding Roadshows To Gauge Investor Interest

The Cabinet Committee on Economic Affairs had in May last year given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank

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Government Assessing Investor Interest In IDBI Bank Privatisation Through Roadshows

he Cabinet Committee on Economic Affairs had in May last year given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank

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Govt Plans To Float EoI For Its Stake Sale In IDBI Bank Next Month

Necessary amendments to the IDBI Bank Act have already been made through the Finance Act 2021, and transaction advisors have been appointed

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Banking Sector To See Significant Reforms In 2022; Privatisation, IDBI Bank Investment On Agenda

Unveiling the PSE policy in Budget 2021-22, Finance Minister Nirmala Sitharaman had said that barring four strategic areas, PSEs in other sectors will be divested.

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IDBI Bank Reports 75% Jump In Net Profit To Rs 567 Crore In Second Qtr

However, the total income fell 10 per cent to Rs 5,000.64 crore during the quarter, compared to Rs 5,569.35 crore in the year-ago period, the private sector bank said in a statement.

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IDBI Bank, U GRO Capital Ink Co-lending Agreement

The co-lending arrangement will work towards providing formal credit to underserved MSMEs, at affordable rates.

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IDBI Bank Strategic Sale: 7 Firms In Race For Transaction Advisor

These firms would make a virtual presentation before the Department of Investment and Public Asset Management, which is handling the sale process, on August 10, according to a notice by DIPAM.

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