IDBI bank
After RBI’s repo cut, IDBI slashes rate
IDBI Bank said that it has reduced its one-year MCLR or the minimum lending rate by 5 basis points to 8.95 per cent.
IDBI Bank cuts MCLR by 5-10 bps across various tenors
The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 per cent.
Jaypee Infra insolvency: Creditors decide to vote on NBCC bid from Friday
As many as 13 banks and over 23,000 home buyers have voting rights in CoC. Buyers have nearly 60 per cent votes.
Short covering in PSU scrips
Analysts said PSU banks looked oversold and there was short covering, with the market sentiment turning positive as the exit poll came as a surprise.
IDBI Bank Officers' Association to go on hunger strike on Mar 30
The Officers' Association has been protesting over RBI categorising IDBI Bank as a private sector lender with effect from Jan 21, 2019.
Hemant Bhargava ceases to be Non Executive Chairman of IDBI Bank
IDBI Bank is now a private sector lender following acquisition of majority stake by LIC.
RBI categorises IDBI as private sector bank
LIC acquisition of majority stake prompts reclassification.
RBI categorises IDBI Bank as private sector lender
IDBI Bank has been categorised as a private sector lender following acquisition of majority stake by LIC, RBI said.
LIC completes acquisition of 51 per cent stake in IDBI Bank
The bank had reported a net loss of Rs 3,602.49 crore during the September quarter of 2018-19.
22 per cent shareholders exit IDBI after LIC makes open offer
The open offer for 2,04,15,12,929 shares was made last month at a price of Rs 61.73 per share.