Lic-idbi Bank

IDBI Bank's CEO says the lender can recover $2.4 billion in bad loans

India is considering selling at least 51% of the $5 billion bank, people familiar with the matter have said

IDBI Bank sale: Clarity on sale glide path for buyers after EoI stage

Currently, the RBI guidelines require promoters to reduce their shareholding to 26 per cent in 15 years

Looking to unlock value in IDBI Bank ahead of IPO, says LIC Chairman

Presenting the Budget, Finance Minister Nirmala Sithraman had said the government would sell a part of its 100 percent holding in LIC through an IPO in the next fiscal year

IDBI to be out of PCA framework in Q4FY20 helped by IBC, capital infusion

The PCA framework kicks in when banks breach any of the three key regulatory trigger points namely capital to risk weighted assets ratio, net non-performing assets (NPA) and return on assets (RoA).

LIC may make open offer soon to buy outstanding shares of IDBI Bank

LIC had on Monday agreed to raise its stake in IDBI to 51% from 8% by paying about Rs 130 billion