Friday, Apr 23, 2021 | Last Update : 11:34 AM IST

IDBI bank Page-3

Moody's places IDBI Bank's long-term ratings for upgrade

The bank's board has sent the LIC's proposal for buying 51 per cent to the government for approval.

25 Jul 2018 1:23 PM

IDBI Bank seeks Centre’s nod to sell stake to LIC

Irdai has already given its approval to the insurer for the stake purchase.

18 Jul 2018 5:47 AM

LIC board approves acquisition of up to 51 per cent stake in IDBI Bank

Insurance regulator Irdai has already given its approval to the insurer for the stake purchase.

16 Jul 2018 2:28 PM

LIC unions oppose acquisition of IDBI Bank by insurer

LIC currently holds 11 per cent stake in IDBI bank and its total stressed portfolio is 35.9 per cent of total loans.

10 Jul 2018 4:17 PM

CBI hunts for banking, tax experts from ministries to probe PNB scam, other frauds

'It may be noted that officers coming on deputation are entitled for special security allowance at 20 per cent on the pay,' CBI said.

08 Jul 2018 2:00 PM


IDBI Bank employees oppose proposed take over by LIC

This is a clear move to privatise it, bypassing the assurance given to Parliament.

03 Jul 2018 5:27 PM

Sriram takes charge as MD and CEO of IDBI Bank

Sriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of RBI.

30 Jun 2018 6:54 PM

IDBI Bank says 'no discussion' on Rs 13,000-cr capital infusion by LIC

Industry and government sources have said that LIC is looking to enter the banking space.

29 Jun 2018 5:15 PM

Govt confident LIC-IDBI deal will conclude by September

Insurance regulator Irdai is expected to clear the deal in its June 29 board meeting with some conditions.

28 Jun 2018 11:18 AM

LIC may enter banking sector; eyes majority stake in IDBI Bank

The deal is expected to provide business synergies despite the lender's stressed balance sheet.

27 Jun 2018 1:06 PM


IDBI-LIC stake deal: Fin Min official says boards to take a call

There have been reports that having failed to get a buyer for its stake in IDBI Bank, the govt might ask LIC.

25 Jun 2018 4:38 PM

Govt appoints IDBI Bank CEO Mahesh Jain as RBI deputy governor

Rajeev Kumar, secretary, Department of Financial Services at the Ministry of Finance, said in a tweet.

04 Jun 2018 2:56 PM

IDBI Bank's net loss widens to Rs 5,663 crore in Q4

The bank had reported a net loss of Rs 3,199.77 crore in the corresponding January-March quarter of 2016-17.

25 May 2018 4:02 PM

Adani Group to provide customised solutions to entrepreneurs

The move comes amid widespread caution among public sector banks over the recent spate of towering bad loans.

24 May 2018 1:40 PM

Two independent directors of IDBI Bank quit

Karpe and Ravi cease to be independent directors of IDBI Bank with effect from May 11 and May 12 respectively.

15 May 2018 1:52 PM


Over 23,000 bank fraud cases involving Rs 1 lakh crore in 5 yrs: RBI

A total of 5,152 cases of fraud, up from over 5,000 cases in 2016-17, were reported in banks from April, 2017, to March 1, 2018.

02 May 2018 2:16 PM

CBI probes documents on loans to Aircel ex-promoter, says IDBI Bank

The state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing asset.

01 May 2018 3:43 PM

IDBI Bank fraud: CBI names BSE chairman among others in 600 cr loan scam

CBI has named 15 officials who worked at senior levels when loans were given to firms controlled by former Aircel promoter C Sivasankaran.

28 Apr 2018 9:05 AM

CBI books former Aircel promoter

The searches were spread across Delhi, Faridabad, Mumbai, Gandhinagar, Chennai, Bengaluru, Belgaum, Hyderabad, Jaipur and Pune.

27 Apr 2018 1:53 AM

RBI slaps Rs 3 crore monetary penalty on IDBI bank

Reserve Bank of India imposed monetary penalty worth Rs 3 crore on IDBI Bank for not complying with the norms.

12 Apr 2018 2:28 PM