IDBI Bank

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IDBI Bank Disinvestment: Shares of PSU lender IDBI bank rose as high as 11 per cent during the early trade on Monday, despite the weakness in the global markets, as the government invited bids for the strategic disinvestment of the lender. …

After launching the IDBI Bank privatisation process, the government aims to get on with the rest of its disinvestment programme, lining up strategic asset disposals, offers for sale and new listings. The privatisation pipeline includes…

The financial bids for IDBI Bank privatisation is likely to be invited by March and the conclusion of the sale process is expected in the next financial year, officials said. Last week, the government along with Life Insurance Corporation…

Nifty futures on the Singapore Exchange traded 278 points, or 1.61 per cent lower at 17,036, signaling that Dalal Street was headed for a negative start on Monday. Here are a dozen stocks which may buzz the most in today’s trade: Stocks in…

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The government has invited expressions of interest (EoI) for its and LIC’s stake sale in IDBI Bank. The stake sale will include transfer of management control. The government and LIC will sell at least 60.72 per cent of IDBI Bank. The…

The government on Friday launched IDBI Bank's privatisation process, offering private and foreign banks among others a majority 60.72% stake in the lender along with management control. Eligible entities can bid for stakes held by the…

The market remained in control of bears for the second consecutive session, falling half a per cent on September 22, tracking weakness in global peers after the US Federal Reserve raised interest rate by 75 bps and signalled more rate hikes…

Recently, HDFC Bank and IDBI Bank announced that their respective special fixed deposit (FD) schemes for senior citizens will end on October 1. HDFC's policy is called the ‘Senior Citizen Care FD’ and was introduced on May 18, 2020, while…