IDBI Bank

IDBI Bank reports Rs 324 crore profit for Q2; NPA ratio down

IDBI Bank reports Rs 324 crore profit for Q2; NPA ratio down

IDBI Bank on Friday reported a net profit of Rs 324 crore for the second quarter of the current fiscal year against a loss of Rs 3,459 cr...Read More

Maha govt approves RRBs, IDBI and 15 DCCBs for transactions with depts and undertakings

Maha govt approves RRBs, IDBI and 15 DCCBs for transactions with depts and undertakings

In a major policy shift, the banks promoted by the nationalised banks or banks having majority government shareholding can now conduct tr...Read More

IDBI Bank to sell 27% stake in IDBI Federal Life Insurance

IDBI Bank to sell 27% stake in IDBI Federal Life Insurance

IDBI Bank on Thursday said that it has entered into a share purchase agreement to sell up to 27 per cent stake in its joint venture insur...Read More

IDBI Bank back in black, posts net profit of ₹144 cr

IDBI Bank back in black, posts net profit of ₹144 cr

"Net Profit for Q1-2021 has improved by 7 per cent against Rs 135 crore reported for Q4-2020," the bank said in the results statement.

IDBI to raise Rs 595 crore by stake sale in IDBI Federal Life Insurance

IDBI to raise Rs 595 crore by stake sale in IDBI Federal Life Insurance

The board of directors at IDBI Bank has allowed the bank to sell stakes of IDBI Federal Life Insurance Company Limited (IFLI) worth Rs 59...Read More

Four cash filling agency employees under the scanner for robbing IDBI ATM

Four cash filling agency employees under the scanner for robbing IDBI ATM

Four employees of an Automated Teller Machine (ATM) cash filling agency are suspected to have used the security code, unlocked the machin...Read More

LIC listing, IDBI Bank stake sale may be postponed

LIC listing, IDBI Bank stake sale may be postponed

The government aims to garner Rs 90,000 crore from the listing of LIC and stake dilution in IDBI Bank out of total the disinvestment targ...Read More

IDBI Bank's Uday Kamath dies due to coronavirus; #TestRedZoneBankers trends on Twitter

IDBI Bank's Uday Kamath dies due to coronavirus; #TestRedZoneBankers trends on Twitter

On Friday, IDBI Malad Branch's Special Assistant Uday Kamath died due to the novel coronavirus at Bombay Hospital in Mumbai. He was 56. K...Read More

Moody's takes rating actions on IndusInd, ICICI, Axis, IDBI Bank

Moody's takes rating actions on IndusInd, ICICI, Axis, IDBI Bank

The BCA and adjusted BCA of ICICI and Axis are affirmed at ba1. The BCA and adjusted BCA of IDBI has also been affirmed at b2.

IDBI Bank's Q3 net loss widens to Rs 5,763 cr

IDBI Bank's Q3 net loss widens to Rs 5,763 cr

Mumbai: State-run lender IDBI Bank on Tuesday announced that its net loss during the third quarter ended December 31, 2019, has widened t...Read More

Ujjain: FIR registered against IDBI bank agent for duping farmers

Ujjain: FIR registered against IDBI bank agent for duping farmers

According to reports some other farmers have also been victimized by Pachori.

Centre attempting to promote privatisation through disinvestment of LIC and IDBI Bank, says Shiv Sena

Centre attempting to promote privatisation through disinvestment of LIC and IDBI Bank, says Shiv Sena

Mumbai: Shiv Sena, through its mouthpiece Saamana, said that centre is making an attempt to promote privatisation by announcing the disin...Read More

Budget 2020: Spelling reforms for the financial sector

Budget 2020: Spelling reforms for the financial sector

Given the importance of the financial sector in bringing about growth in the economy, the Budget has addressed some critical concerns tho...Read More

IDBI Bank approves preferential issues of capital to LIC, Government

IDBI Bank approves preferential issues of capital to LIC, Government

Mumbai: IDBI Bank has approved the proposal for preferential issue of capital to LIC and Government of India aggregating after their infu...Read More

Government approves Rs 9,300 crore capital infusion in IDBI Bank

Government approves Rs 9,300 crore capital infusion in IDBI Bank

New Delhi: The government on Tuesday approved Rs 9,300 crore fund infusion in IDBI Bank to help improve the bank's capital base and turn ...Read More

IDBI Bank launches repo rate-linked lending

IDBI Bank launches repo rate-linked lending

Interest rate on the new home loan and auto loan variant will be directly linked to the repo rate and thereby help in quick monetary tran...Read More

IDBI Bank shares tank over 12 percent after Q1 net loss widens

IDBI Bank shares tank over 12 percent after Q1 net loss widens

New Delhi: Shares of IDBI Bank tumbled over 12 per cent on Friday after the company reported widening of loss to Rs 3,800.84 crore for th...Read More

Rustomjee-MDFA League 2019-2020: Omkar Sawant strikes it rich for IDBI Bank

Rustomjee-MDFA League 2019-2020: Omkar Sawant strikes it rich for IDBI Bank

A four-goal blitz from striker Omkar Sawant inspired IDBI Bank to record a big 7-4 win against Jupiter SC in a high-scoring First Divisio...Read More

IDBI Bank Assistant Manager Recruitment 2019: Here’s how to apply

IDBI Bank Assistant Manager Recruitment 2019: Here’s how to apply

According to the notice released by the bank, the last date of registration is July 3, 2019, and exam be will be conducted on July 21.

IDBI Bank to add Rs 10 billion to bottom line

IDBI Bank to add Rs 10 billion to bottom line

Mumbai: IDBI Bank will add Rs 10 bn to its bottomline through various initiatives undertaken by the bank and its shareholder Life Insuran...Read More

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