IDBI Bank

NEW DELHI: The Centre has already raised Rs 62,000 crore as divestment receipts, including Rs 32,000 crore as dividend from state-run companies, a top finance ministry official said on Friday and asserted that a number of privatisation…

Indian equity markets are likely to open marginally higher on the week’s last trading day, hinted SGX Nifty. Ahead of the session, Nifty futures were trading 40 pts or 0.23% higher on the Singapore Exchange, signalling a flat to positive…

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As organizations embrace the new digital economy, business leaders will need to support the very people who are expected to build breakthrough innovations and empower them to become champions of digital transformation, said Anand Ganapathy,…

<!-- -->LIC and government hold 49.24 per cent and 45.48 per cent stake respectively.(Representational)New Delhi: The government and state-owned insurer LIC, who will continue to hold significant shareholding in IDBI Bank post its…

In possibly the biggest sale of the Centre’s stake in a bank in decades, the government is pushing for a valuation of about Rs 64,000 crore (nearly $7.7 billion) for state-owned IDBI Bank, according to a Bloomberg report. It added that the…

MUMBAI: IDBI Bank has come out with best-ever quarterly numbers on Friday, logging in a 46 percent growth in net income at Rs 828 crore for the September quarter. The management of the bank, which is on the block for full privatisation, on…

<!-- -->IDBI Bank's shares were up 1% at 45.45 rupees by 0521 GMT.Bengaluru: India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the…

NEW DELHI: India is pushing for a valuation of around 640 billion rupees ($7.7 billion) for state-owned IDBI Bank Ltd in what could be the biggest sale of the government’s stake in a lender in decades, according to a person familiar with…

<!-- -->India government seeks waiver in key norm for IDBI Bank stake sale: ReportNEW DELHI: The Indian government is in talks with the market regulator seeking to relax a key public shareholding norm for the potential buyer of IDBI…