IDBI Bank

Last Updated: January 06, 2023, 11:32 ISTThe government would also not have any representation on IDBI Bank's board.IDBI Bank shares were up 5 per cent at Rs 57.25 on the BSE in Friday’s intra-day trades in an otherwise subdued marketIDBI…

Edited By: Mohammad HarisLast Updated: January 07, 2023, 17:55 ISTThe government currently owns a 45.48 per cent stake in IDBI Bank, while LIC owns 49.24 per cent controlling stake in the lender.The Centre is looking to divest 30.48 per…

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NEW DELHI: India's market regulator has allowed the government's shareholding in IDBI Bank to be reclassified as "public" after its stake sale on condition that its voting rights do not exceed 15%, the lender said on Thursday.The…

Last Updated: January 05, 2023, 18:27 ISTThe government would also not have any representation on IDBI Bank's board.The government, with a more than 45% stake in IDBI Bank, is currently classified as a co-promoter of the lenderThe…

Edited By: Mohammad HarisLast Updated: December 26, 2022, 15:06 ISTIDBI Bank is currently offering interest rates to regular citizen ranging from 3 per cent to 6.75 per cent on tenure ranging between 7 days and 10 years.IDBI Bank offers…

NEW DELHI: The government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a majority stake sale in the lender, two government sources said on Tuesday, after the Centre extended the deadline…

<!-- -->IDBI is seeking to recover dues of Rs 149.60 crore from ZEEL.(File)New Delhi: IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding…

The government on Wednesday extended the deadline to submit preliminary bids for the IDBI Bank privatisation till January 7. The government and LIC together are looking to sell 60.72 per cent of IDBI Bank and had invited bids from potential…

NEW DELHI: The deadline to submit preliminary bids for IDBI Bank privatisationis likely to be extended by almost a month till early January, a government official said on Friday. The government and LIC together are looking to sell a 60.72…