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IDBI Bank News
LIC increases stakes in these companies - Know stocks where it has BOOKED PROFITS
Wed, May 12, 2021
Country’s biggest institutional investor Life Insurance Corporation of India (LIC) has bought stakes in some companies while sold in some others. Zee Business’ Devanshi Asher brings this exclusive research on the investment moves of India’s largest public insurer
IDBI Bank jumps near 15% intraday, hits new 52-week high on the back of divestment news
Thu, May 06, 2021
The government-owned IDBI Bank spurted by around 15 per cent to Rs 43.50 per share in the early trade on Thursday, after Cabinet gave in-principle nod for strategic disinvestment in the bank.
Cabinet clears strategic disinvestment, transfer of management control in IDBI Bank; Govt, LIC shareholding divestment to happen in consultation with RBI
Wed, May 05, 2021
The Cabinet on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank in line with the Budget announcement earlier this year. The central government and LIC together own more than 94 per cent equity of IDBI Bank. LIC, currently the promoter of IDBI Bank with management control, has a 49.21 per cent stake
Cabinet approves strategic disinvestment in IDBI Bank
Wed, May 05, 2021
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd, government said on Wednesday
FREE JOB ALERT 2021: You can earn CTC up to Rs 60 lakh with these jobs at IDBI Bank recruitment 2021 - check notification, process, last date to apply and other details here
Wed, Apr 21, 2021
Looking for jobs? You can be the most suitable candidate for this job and earn up to Rs 60 lakh CTC at IDBI Bank.
In chat with Anil Singhvi, analyst Vikas Sethi recommends Sonata Software, IDBI Bank as top buys for big gains
Tue, Mar 30, 2021
Analyst Vikas Sethi’s first stock was a company from IT segment. He picked Sonata Software a mid cap company which was trading around Rs 505 at the time of recommendation of this stock. This company is excellent with very strong fundamentals, Sethi said
In chat with Anil Singhvi, IDBI Bank MD & CEO Rakesh Sharma reveals future growth plans post-PCA framework exit
Tue, Mar 23, 2021
IDBI Bank is now out of Prompt and Corrective Action (PCA) framework. The Reserve Bank of India (RBI) took the decision in this regard on 10th March 2021.
Public Sector Banks Privatisation News: Big confirmation by Modi government - Check latest news update
Tue, Feb 02, 2021
In a big development, government proposed to privatise two public sector banks (PSBs) and one general insurance company in the next financial year.
Exclusive: India likely to announce sale of IDBI bank, stake in LIC, sources say
Thu, Jan 28, 2021
India`s government plans to announce the sale of a 10% to 15% stake in state-run Life Insurance Corp, the country`s biggest insurer, in next week`s federal budget, as part of a privatisation push to improve public finances, two government sources said
Warning for bank account holders! Do this fast or you may be badly affected - check IDBI Bank notification
Fri, Jan 22, 2021
If you are an IDBI Bank account holder and have not done your KYC, it is time you take this matter seriously. IDBI Bank has made a big announcement in this regard and it may prove to be very costly for bank account holders here.
Want to open account in IDBI Bank? Video KYC Account Opening facility is here
Mon, Jan 04, 2021
IDBI Bank Account Opening: IDBI Bank has announced the launch of Video KYC Account Opening (VAO) facility for Savings Bank Accounts.
Big news for IDBI Bank investors! What is LIC going to do? Anil Singhvi clears the air about stake sale reports
Tue, Dec 15, 2020
A big news is emerging on IDBI Bank. This is regarding the stake of Life Insurance Corporation of India (LIC) in the bank. Zee Business' Anurag Shah brings this big breaking news for the Zee Business readers. After the government’s decision to sell its 47 per cent stake in IDBI Bank, there was much speculation that the state-run insurer LIC is also planning to sell its stake
IDBI WhatsApp Banking Service: Check how to register and use this 24x7 - Many benefits to avail
Mon, Nov 23, 2020
WhatsApp Banking facility, shall enable IDBI Bank customers to avail various essential banking services such as account balance information, last five transactions, request for a Cheque book and an Email statement, Interest Rates, as well as details of the IDBI Bank branches/ATMs in the vicinity, to begin with.
Good News for IDBI Bank: Bank writes letter to RBI and out from PCA
Fri, Aug 07, 2020
The Reserve Bank of India may soon bring IDBI Bank out of the Prompt Corrective Action list. According to the Zee Business exclusive report, IDBI Bank has recently written a letter to RBI regarding this
Exclusive! IDBI Bank likely to exit PCA list; bank claims fulfills all criteria: Sources
Fri, Aug 07, 2020
According to the Zee Business exclusive report, IDBI Bank has recently written a letter to RBI and claimed it fulfills all criteria required to come out of the PCA list.
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.