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IDBI Bank News
IDBI Bank share price soars a whopping 77 pct over the last 1 month; know reasons why
Tue, Jun 09, 2020
In times of Covid-19 pandemic, when stocks of many companies have been plunging, there is a bank that has seen a whopping 77% jump in the past month alone!
IDBI Bank shares rally 20 pc on robust Mar quarter earnings
Mon, Jun 01, 2020
IDBI Bank shares on Monday zoomed 20 per cent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarter ended March. The lender reported a profit after 13 straight quarters of net losses.
IDBI Bank's slippages will be restricted at Rs1,000 crore in the coming quarters: Rakesh Sharma, MD & CEO
Wed, Feb 12, 2020
Rakesh Sharma, Managing Director & Chief Executive Officer, IDBI Bank, talks about December quarter financial results, recoveries & NPA accounts and government plan to offload its stake from the bank during a candid chat with Anurag Shah, Zee Business.
Budget 2020 News: Modi Government to raise Rs 2.1 lakh crore for FY21 from disinvestment; LIC, IDBI Bank in stake sale list
Sat, Feb 01, 2020
Budget 2020 Highlights: Nirmala Sitharaman announced today that Narendra Modi government plans to raise Rs 2.1 lakh crore for FY21 from disinvestment.
Essar Steel Insolvency: SC quashes NCLAT ruling, clears ArcelorMittal takeover bid; SBI to PNB, bank stocks skyrocket
Fri, Nov 15, 2019
Essar Steel Insolvency: The Supreme Court has set aside the National Company Law Appellate Tribunal (NCLAT) judgement on Essar Steel case on November 15th.
IDBI Bank unveils repo-based lending, bulk deposit rates
Tue, Oct 01, 2019
The IDBI Bank on Tuesday introduced repo-linked lending and bulk deposit rates, meeting the RBI deadline. The IDBI Bank has decided to adopt the Reserve Bank of India`s policy repo rate as an external benchmark.
Sensex, Nifty take a pause on profit-booking; IDBI Bank, DHFL, Tata Communications stocks gain
Tue, Sep 24, 2019
The BSE Sensex edged 7 points up and closed at 39,097 levels, retaining the psychological 39K levels while the 50-stock Nifty ticked 12 points down and closed at 11,588 levels.
Latest fixed deposit rates: SBI, Bank of India, Axis Bank, IDBI Bank new FD rates
Sat, Sep 14, 2019
After Reserve Bank of India (RBI) lowered its repo rate by 35 basis points to 5.40 percent, most banks have revised their deposit rates to bring parity with the other rates.
IDBI Bank customers alert! Your auto, home loans to become cheaper from this date, here is why
Tue, Sep 10, 2019
State-run IDBI Bank on Monday announced the introduction of Repo-linked retail loans would be effective from October 1, this year. IDBI Bank had earlier said it would introduce Repo Rate-linked home and auto loan with effect from September 10.
IDBI Bank turnaround: Cabinet approves Rs 4,557-cr capital infusion
Tue, Sep 03, 2019
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the infusion of Rs 4,557 crore by the government in IDBI Bank.
Sensex, Nifty trade tepid on neutral FIIs; Vodafone Idea, IDBI Bank, SREI Infra stocks bleed
Wed, Aug 28, 2019
The BSE Sensex went down 76 points to 37,565 levels while the 50-stock Nifty went down 11 points to 11,093 levels. The Bank Nifty index went down 101 points but sustained above the psychological 28,000 levels.
Sensex, Nifty skyrocket on positive FIIs, Bank Nifty soars 992 points; DHFL, IDBI Bank stocks gain
Mon, Aug 26, 2019
Closing Bell: The stock market of India broke all psychological barriers today after the budget surcharge waiver fuelling positive sentiments among the foreign institutional investors (FIIS).
Sensex, Nifty tick higher on mixed cues; Force Motors, DHFL, IDBI Bank stocks gain
Mon, Aug 19, 2019
Closing Bell: The stock market of India nudged higher today on mixed cues. The BSE Senses gained 52 points and closed at 37,402 while the 50-stock Nifty gained 6 points and closed at 11,053 levels. The Bank Nifty index lost 30 points and closed at 282,186 levels.
IDBI Bank Recruitment 2019: Vacancy for 600 Assistant Manager Posts, apply latest by July 7
Thu, Jul 04, 2019
The date to apply for the job was July 3 earlier. IDBI Bank has invited applications for recruitment for 600 posts of Assistant Manager. The candidates completing the required eligibility criteria may apply On-line through the link given in Bank's website.
Bank Jobs 2019: IDBI bank hiring candidates for 600 Assistant Manager posts, check qualification, age and pay scale
Wed, Jul 03, 2019
The Industrial Development Bank of India (IDBI) is hiring candidates for the 600 posts of Assistant Manager. The last date to apply for the same is now 7 July which was earlier scheduled today.
IDBI Bank recruitment 2019: Apply for 600 posts of Assistant manager; check eligibility, Exam date
Fri, Jun 28, 2019
Do you want make your career in banking sector? Then, hurry! IDBI bank is recruiting candidates for 600 Assistant Manager Grade 'A' posts.
IDBI Bank enters Bancassurance Corporate agreement with Tata AIG: How customers may benefit
Tue, Jun 18, 2019
IDBI Bank Ltd has entered into a Bancassurance Corporate Agency agreement with Tata AIG to provide latter's suite of general insurance products, specially designed to mitigate the varied risks and offer financial protection against unforeseen eventualities to the bank's 20 million customer base, through its 1,850 plus branches.
Want auto, personal, home loan? Good news! IDBI Bank cuts MCLR by 5-10 bps across various tenors
Wed, Jun 12, 2019
In another good news for customers, Life Insurance Corporation of India (LIC)-owned IDBI Bank Wednesday reduced its marginal cost of funds based lending rate (MCLR) by 5-10 basis points across various tenors, with immediate effect.
Health Insurance: IDBI Bank ties up with Max Bupa
Tue, Jun 11, 2019
IDBI Bank's diverse pool of customers will benefit from Max Bupa's comprehensive Health Insurance offerings.
Sensex, Nifty rise on Fed rate cut hopes; IDBI Bank, DHFL, Adani Enterprises stocks gain
Mon, Jun 10, 2019
The BSE Sensex shot up 322 points to 39,938 while the 50-stock Nifty index surges 94 points to 11,965 levels. Bank Nifty index rose 287 points to 31,353 levels.