Page 12 - Idbi Bank

IDBI Bank inks pact to divest 27% stake in insurance JV for Rs 595 cr

Currently, LIC-promoted IDBI Bank holds 48 per cent in IFLIC, while Federal Bank and Ageas hold 26 per cent each

Centre looking to offload its stake in IDBI Bank in FY21: Govt official

The government, a promoter, holds around 46.5 per cent stake in IDBI Bank, while LIC owns 51 per cent

Bandhan Bank to IDBI Bank: 5 bank stocks that investors are betting on

With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank

IDBI Bank posts Q1 PBT of Rs 438 cr against Rs 5,381 cr loss a year ago

Rise in net interest income, dip in provisioning drive better numbers; net profit at Rs 144 cr in Q1FY21, versus Rs 3,800 cr loss same quarter last year

Market Ahead, July 28: All you need to know before the opening bell

A total of 132 companies, including UltraTech Cement, Nestle India, and IDBI Bank, are scheduled to announce their results today

IDBI Bank seeks shareholders' nod for raising Rs 11,000 cr in share capital

Proceeds will be used to strengthen the lender's Capital Adequacy Ratio; bank to hold AGM on August 17 exclusively via video conferencing, other audio-visual means

IDBI Bank hopes to come out of RBI PCA framework this fiscal: MD Sharma

The Reserve Bank in May 2017 had placed the IDBI Bank in the PCA framework because of the deterioration in the financial health of the bank

Loss-making banks back to black but little to cheer

Pain and uncertainty will be a way of life for many banks in 2021. For a few, the light at the end of the tunnel has turned into a flicker

MARKET WRAP: Sensex slips 143 pts amid weak global cues; financials decline

All that happened in the markets today

Govt plans to raise Rs 20,000 crore by selling stakes in CIL, IDBI Bank

In case of Coal India, if valuations are not attractive, company will buy back shares from the govt

IDBI Bank's market-cap crosses Rs 50,000 cr, stock surges 51% in 2 weeks

IDBI Bank stood at number 54th position in the overall market-cap ranking of listed companies, BSE data shows.

IDBI Bank gains 5%, hits 52-week high on plan to sell stake in insurance JV

IDBI Bank has 48 per cent stake in IDBI Federal Life Insurance, which started operations in 2008

IDBI Bank to raise Rs 595 crore by divesting 27per cent stake in IFLI

The board of directors at IDBI Bank has approved a plan to offload 27 per cent stake in IDBI Federal Life Insurance at a combined value of Rs 595 crore

Federal Bank to buy another 4% stake in its JV from IDBI Bank for Rs 80 cr

The stake buy from the state-run IDBI Bank will take Federal Bank's stake in the 12-year-old company to 30%

IDBI Bank don't see any 'material impact of Covid-19' on future results

The implementation of lockdown and extensions has resulted in disruptions of business and common life, the lender said in a filing to the exchanges

IDBI Bank nears 52-week high; zooms 99% in 6 days on Rs 135 cr profit in Q4

The stock of the private sector lender was trading close to its 52-week high of Rs 40.90 touched on November 25, 2019

IDBI Bank zooms 57% in 3 days post Q4 nos; m-cap surpasses IndusInd Bank

At 09:17 am, the lender's m-cap hit Rs 330 billion-mark, and was ahead of IndusInd Bank's m-cap of Rs 312 billion, the BSE data shows.

Covid-19 impact: LIC listing, IDBI Bank stake sale may be postponed

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale in LIC through an initial public offer in the current financial year

IDBI Bank reports PBT of Rs 289.66 cr for Q4FY20 over healthy rise in NII

The bank's net interest income (NII) rose by 46 per cent to Rs 2,356 crore in Q4FY20 from Rs 1,609 crore Q4FY19

IDBI Bank posts Rs 135 cr profit in Q4 on account of bad loan recoveries

The bank, majority owned by Life Insurance Corporation of India (LIC), had posted a net loss of Rs 4,918 crore in the corresponding period of last year