Lic And Idbi
IDBI Bank up 5% on Sebi nod to reclassify govt post sale-stake as 'public'
At present, the government and state-owned Life Insurance Corporation hold a little over 94 per cent in IDBI Bank and are classified as co-promoters.
 "IDBI Bank up 5% on Sebi nod to reclassify govt post sale-stake as 'public'")
Updated On : 06 Jan 2023 | 11:35 AM IST
More capital support to IDBI Bank may have adverse impact on LIC: DRHP
LIC had infused Rs 4,743 crore into IDBI Bank on October 23, 2019 using policyholders' funds while the bank further raised Rs 1,435.1 crore in Dec. 2020 by way of a qualified institutional placement
 "More capital support to IDBI Bank may have adverse impact on LIC: DRHP")
Updated On : 15 Feb 2022 | 5:46 PM IST
LIC board gives approval to acquire 51% stake in debt-ridden IDBI Bank
The government owned 85.96 per cent in IDBI Bank at the end of June
 "LIC board gives approval to acquire 51% stake in debt-ridden IDBI Bank")
Updated On : 17 Jul 2018 | 2:29 AM IST
