IDBI Bank

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

LIC may take time to trim stake in IDBI Bank

LIC may take time to trim stake in IDBI Bank

New Delhi: In order to complay with the regulatory norms, LIC may seek a peiod of 3-5 years to cut down its stake in the recently acquire...Read More

Banks want to see some cash

Banks want to see some cash

MUMBAI: Indian banks seem to be on a clean up spree before the financial year ends on March 31. Nearly Rs 715 billion of bad loans have b...Read More

RBI: IDBI Bank now a PSB

RBI: IDBI Bank now a PSB

Mumbai: IDBI Bank has been categorised as a private sector bank (PSB) following acquisition of majority stake by Life Insurance Corporati...Read More

IRDAI seeks proposal from LIC on IDBI Bank stake

IRDAI seeks proposal from LIC on IDBI Bank stake

New Delhi: Insurance regulator IRDAI Monday said it has sought proposal from Life Insurance Corporation of India (LIC) for paring its sha...Read More

IDBI may now become LIC IDBI Bank or LIC Bank

IDBI may now become LIC IDBI Bank or LIC Bank

New Delhi: The board of IDBI Bank on Monday proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank following its t...Read More

IDBI Bank posts Rs 4,185.5-crore loss

IDBI Bank posts Rs 4,185.5-crore loss

MUMBAI: IDBI Bank on Monday reported a higher net loss of Rs 4,185.48 crore on a huge jump in money set aside for potential loan losses, ...Read More

Only 22 percent investors exit IDBI following LIC open offer

Only 22 percent investors exit IDBI following LIC open offer

New Delhi: Only 22 per cent of the minority shareholders of IDBI Bank exercised their option of exiting the company in the open offer flo...Read More

Most lenders see bad loan burden easing

Most lenders see bad loan burden easing

Mumbai: The Reserve Bank of India’s (RBI) clean-up drive has started to show some results with 13 banks reporting lower NPAs in the last ...Read More

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IDBI moves NCLT against Rel Naval to recover loan

New Delhi : IDBI Bank has moved NCLT against Reliance Naval and Engineering to recover its dues from the company. The company has been in...Read More

LIC board to meet tomorrow to decide IDBI Bank stake hike plan

LIC board to meet tomorrow to decide IDBI Bank stake hike plan

New Delhi: The LIC board will meet Tuesday to decide on the modalities for increasing stake in debt-ridden IDBI Bank to 51 per cent, a mo...Read More

LIC to buy 14.9% stake in IDBI Bank

LIC to buy 14.9% stake in IDBI Bank

New Delhi : IDBI Bank on Tuesday said Life Insurance Corporation (LIC) will buy 14.9 per cent equity stake in the bank, a move that would...Read More

IDBI Bank Q1 loss widens to Rs 2,410 cr

IDBI Bank Q1 loss widens to Rs 2,410 cr

New Delhi : State-owned IDBI Bank on Tuesday reported widening of loss to Rs 2,409.89 crore for the first quarter ended June 30, hurt by ...Read More

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IDBI gets government nod for LIC stake deal

Mumbai : IDBI Bank on Wednesday said it has received approval to bring down the government stake to below 50 per cent and get acquired by...Read More

IDBI board may okay pref share allotment to LIC soon

IDBI board may okay pref share allotment to LIC soon

State-run insurer gets board okay to buy 51% stake in debt-laden lender

LIC board approves acquisition of up to 51 percent stake in IDBI Bank

LIC board approves acquisition of up to 51 percent stake in IDBI Bank

New Delhi: The LIC board today gave approval to the insurance behemoth for acquiring of up to 51 per cent stake in IDBI Bank, Economic Af...Read More

FinMin seeks more time for PSBs to meet MPS norm

FinMin seeks more time for PSBs to meet MPS norm

Deadline to end on Aug 21; govt stake in state banks rise after capital infusion

LIC-IDBI Bank deal may conclude by September

LIC-IDBI Bank deal may conclude by September

New Delhi: After getting a go-ahead from the insurance regulator, LIC is preparing itself to complete the 51 per cent acquisition of debt...Read More

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LIC to come with an open offer to IDBI shareholders

New Delhi : Insurance behemoth LIC will make an open offer to minority shareholders of IDBI Bank in which it proposes to acquire up to 51...Read More

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