Fri, Oct 25, 2024
Net interest income also showed a solid 26 per cent increase to Rs 3,875 crore for the quarter, up from Rs 3,066 crore in Q2 2023. IDBI Bank's net interest margin (NIM) rose to 4.87 per cent from 4.33 per cent in the previous year’s quarter, demonstrating enhanced profitability.
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Tue, Aug 20, 2024
Utsav Fixed Deposit: This offer is valid till September 30, 2024, it said, adding, that customers can open an Utsav Fixed Deposit conveniently through the bank's website or mobile banking application or at any branch of the bank.
Mon, Jul 29, 2024
What is the government's future plan regarding disinvestment? The process of RBI fit proper in IDBI Bank is almost complete. Exclusive conversation with DIPAM Secretary, Tuhin Kant Pandey on Zee Business.
Sun, Dec 11, 2022
Since foreign investment bankers would not be working due to year-end holidays, the deadline would be extended, the official said.
Fri, Dec 09, 2022
How far has the government moved on disinvestment? Which PSUs to be disinvested in FY24? Till when the stake in IDBI Bank will be sold? When will the disinvestment of SCI, Concor be completed? Where did the talk on disinvestment reach? Know the complete details from Nupur.
Tue, Dec 06, 2022
As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI's treasury actively participates in primary auction of government bonds.
Mon, Nov 28, 2022
These clarifications are part of the responses by the Department of Investment and Public Asset Management (DIPAM), under the finance ministry, to potential investors' pre-EoI queries.
Sat, Oct 22, 2022
Life Insurance Corporation of India-backed bank’s gross NPA is to be around 12 per cent by the end of this year, the research report said.
Fri, Oct 21, 2022
IDBI Bank has introduced a festive fixed deposit scheme -- 'Amrit Mahotsav FD'. The bank is offering increased interest rates on deposits made under the scheme.
The valuation target means the administration is seeking a premium of roughly 33 per cent, based on IDBI Bank’s market value of about $5.8 billion as of Thursday's close.
Tue, Oct 11, 2022
Currently, RBI guidelines allow industrial houses to hold a maximum of 10 per cent stake in private sector banks, but they cannot be a promoter.
LIC holds 49.24 per cent stake in IDBI Bank, while the government holds 45.48 per cent stake. The remaining 5.2 per cent stake is with the public shareholders.
Mon, Oct 10, 2022
On the NSE, the stock locked in an upper circuit limit of Rs 46.55 after gaining 10 per cent while on the BSE the scrip advanced nearly 9 per cent to trade at 46.40 apiece at 9:25 am
What to do in IDBI Bank, Tata Motors today? What's the good news for IDBI Bank? Know from Anil Singhvi.
Sun, Oct 09, 2022
IDBI Bank Bidding Process: In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the bidding process.
Fri, Oct 07, 2022
IDBI Bank will soon become Private Bank. Government will sell stake in IDBI Bank. LIC will also sell its stake. EOI issued for disinvestment. Watch exclusive conversation with DIPAM Secretary Tuhin Kanta Pandey.
The government on Friday invited bids for privatising IDBI Bank and said that it together with LIC will sell a total of 60.72 per cent stake in the financial institution.
Thu, Sep 22, 2022
Belgium-based Ageas Insurance International has completed the acquisition of a majority stake in its Indian joint venture Ageas Federal Life Insurance (AFLIC), picking up 25 per cent stake of IDBI Bank for Rs 580 crore
Wed, Sep 14, 2022
The RBI in March 2021 removed IDBI Bank from its enhanced regulatory supervision PCA framework after nearly four years on improved financial performance.
Tue, Aug 30, 2022
"There are still some pending issues that need to be discussed with the Reserve Bank of India and Securities and Exchange Board of India. We are hopeful of issuing the EoI by September," the official told PTI.
Mon, Aug 22, 2022
Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed.
Sat, Aug 13, 2022
Life Insurance Corporation has said it has not received any timeline from the government for the stake sale in its subsidiary IDBI Bank
Wed, Aug 03, 2022
Big news related to disinvestment of IDBI Bank. Important meeting related to disinvestment tomorrow, What is the agenda? What should IDBI Bank investors do? Watch this video.
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