IDBI

IDBI Bank's net interest margin improved by 178 bps to 5.80 per cent for Q1-2024 as compared to 4.02 per cent for Q1-2023.IDBI Q1 Results: Interest earned improved to Rs 6,860 crore over Rs 4,634 crore in June 2022, net interest income…

The company has signed a MoU with IDBI Bank, under which the partners will offer customised financial solutions for dealers. | Photo Credit: The Hindu Commercial vehicle–maker Ashok Leyland on June 22 said it had partnered with Industrial…

The Grievance Appellate Committees (GACs), which started operating in March to settle users’ complaints against social media platforms, will be reviewed later this month and may require more push and publicity, minister of state for…

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Digital rights groups have called for the disclosure of the orders made by the government-appointed grievance appellate committees (GAC) where users are allowed to appeal content moderation decisions by social media intermediaries.It has…

Last Updated: April 13, 2023, 13:54 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.IDBI Bank: A merger would dilute the amount of equity held by the…

On deposits with a tenor of 444 days, IDBI Bank guarantees a maximum interest rate of 7.15%.On fixed deposits that mature in 7 to 30 days, the bank will continue to pay a 3% interest rate.The interest rate on domestic fixed deposits (FDs)…

MUMBAI: The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd, three people familiar with the matter told Reuters.Kotak Mahindra Bank,…

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd, three people familiar with the matter told Reuters. The stake sale in the…

The government and Life Insurance Corporation’s (LIC’s) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the know. Photograph: PTI Photo They added that considering…