Page 14 - Idbi Bank

Jaypee Infra lenders to put bids of NBCC, Suraksha on vote simultaneously

Anuj Jain was appointed as an interim resolution professional (IRP) to conduct insolvency process and also manage the affairs of the company.

Muthoot Finance gets hold of IDBI MF arm for around Rs 215 crore

The acquisition will mark MFIN's foray into the Rs 26-trillion MF space. George Alexander Muthoot, managing director, MFIN, said

Govt to take 6 months to divide J&K Bank assets, liabilities and ownership

With the new development, the Centre will automatically get the 60% share that the state of Jammu and Kashmir holds, but via the Union Territories

IDBI Bank narrows losses to Rs 3,459 cr on higher margins, lower NPAs

Tier 1 capital and CRAR stood at 9.52 percent and 11.98 percent, respectively

IDBI Bank declares Vijay Mallya 'wilful defaulter' over payment default

IDBI Bank has informed and cautioned the public through the notice that "no person shall deal with any of the properties of the borrower/guarantor as huge dues are to be recovered from them".

IDBI AMC employees fear for jobs as bank considers divesting stake

According to sources, 190-200 employees at IDBI AMC have raised concerns over job continuity

Can LIC and Rakesh Sharma save IDBI Bank?

IDBI Bank will post net loss in September and probably in the December quarter too but it can come out of the woods

IDBI Bank to resume corporate lending in limited way for existing customers

The bank was waiting to meet capital adequacy norms before starting corporate lending.

IDBI Bank declines 4% after Board approves 19.18% stake sale in APCIL

Earlier this month, the Union cabinet had approved capital infusion worth over Rs 9,000 crore into the bank.

IDBI Bank puts Rs 9,750-crore non-performing loans on the block

The top 10 exposure up for sale include Lanco Amarkantak (Rs 1,077 crore), Reliance Communications (Rs 721 crore), Ballarpur Industries (Rs 493 crore), Jyoti Structures (Rs 396 crore), and Unitech

Sebi partially freezes LIC's voting rights in National Stock Exchange

State-owned life insurance giant deemed trading member; may have to divest holding to below 5 per cent

Three senior executives to leave IDBI Bank in September

Bank has reshuffled portfolios of executive directors to ensure smooth working of institution.

Top 10 biz headlines: Truck sales fall 60%, GST cut for hybrid cars & more

From sales of medium and heavy commercial vehicles falling by over half in Aug to the GST Council considering a breather for hybrid vehicles in its upcoming meeting, here is today's top business news

IDBI Bank to get Rs 9,300-crore capital infusion from promoters

This is the first time the government has decided to pump money in IDBI Bank after LIC acquired a majority stake of 51 per cent in the bank - a process completed in January

Government approves over Rs 9,000 cr capital infusion in IDBI Bank

Out of Rs 9,000 crore, the government will provide Rs 4,557 crore as one-time re-capitalisation to IDBI Bank, Javadekar said

IDBI Bank offers repo-linked home, auto loans at interest rates from 8.30%

The products -- Suvidha Plus Home Loan and Suvidha Plus Auto Loan -- will be benchmarked to the Reserve Bank of India's (RBI) repo rate and will be available to customers with effect from September 10

IDBI Bank slips 10% after S&P places ratings on CreditWatch negative

The rating agency said it placed the ratings on CreditWatch to reflect the uncertainty regarding IDBI's ability to meet its regulatory capital requirement over the next few months.

IDBI Bank tanks 9% as Q1 loss widens to Rs 3,801 cr on poor asset quality

The bank had posted a loss of Rs 2,409.89 crore in the April-June quarter of 2018-19

IDBI Bank tanks 12% as Q1 loss widens to Rs 3,801 crore

The bank had registered a loss of Rs 2,409.89 crore in the year-ago period.

Public sector banks volunteer to link their lending rates to repo

Bank of India also cut its MCLR by 25 bps, while Bank of Maharashtra and IDBI Bank had lowered their rate by 10-15 bps on Thursday