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Union Finance Minister Nirmala Sitharaman addresses a press conference after the 53rd GST Council Meeting, in New Delhi, Saturday, June 22, 2024. (PTI Photo/Kamal Singh)

AA Edit | Unlocking Capital: The Logic Behind The IDBI-Fairfax Deal

With the bank having regained financial stability, there is little justification for keeping scarce public capital...

16 Oct 2026 1:47 AM IST

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

IDBI moves SC to vacate stay on Jaypee insolvency

A blanket SC stay had the wholly unintended effect of restoring the company into the hands of JP.

6 Sept 2017 2:58 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI officers allege LIC deal violates status quo assurance

IDBI Bank on October 4 allotted about 33.99 crore equity shares to LIC at a price of Rs 61.73 per share.

8 Oct 2018 11:38 AM IST

LIC completed the acquisition of 51 per cent stake in IDBI Bank following possible change in the name of the bank. (Photo: )

IDBI Federal Life expects flat growth

We are expecting a growth between 12 per cent and 18 per cent this fiscal: CEO, director IDBI Federal Life, Vighnesh...

6 Feb 2019 12:51 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

RBI says no to IDBI Bank name change proposal

Board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank.

20 March 2019 2:48 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI drafts revival strategy to bring banking, insurance under one...

IDBI and LIC, through its collective network of branches, offices and workforce, have started leveraging their mutual...

11 March 2019 11:54 AM IST

After defaulters flee India, SBI complains to CBI. (PTI Photo)

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to...

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and...

10 May 2020 8:44 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank to set off Rs 45,586-cr accumulated losses against balance...

IDBI said the balance standing to the credit of securities premium account is Rs 49,669 crore

2 March 2021 8:03 AM IST

LIC rescued IDBI Bank in 2019, infusing Rs 4,743 crore in October 2019 while the bank further raised Rs 1,435.1 crore in December 2020 via a qualified institutional placement. (Representational image/ Financial chronicle)

LIC will relinquish control in IDBI Bank, says Pandey

LIC and the government wants to exit management control from IDBI Bank and the process is already on

28 April 2022 8:45 AM IST

Cabinet clears LiC purchasing stake in IDBI

Cabinet clears LiC purchasing stake in IDBI

On the NSE, shares of the company surged 5.60 per cent to close at Rs 62.15.

2 Aug 2018 1:37 AM IST

Jaypee group is selling its assets to reduce debt.

NCLT admits insolvency petition of IDBI against Jaypee Infra

Allahabad bench of NCLT has admitted the petition filed by IDBI Bank under Section 7 of Insolvency and Bankruptcy Code...

11 Aug 2017 11:40 AM IST

In the last hearing, the apex court had convicted Mallya for contempt of court and summoned him to personally appear on July 10, 2017. (Photo: PTI)

Court orders attachment of Maylla's accounts in IDBI loan default case

CBI had said all arrested IDBI officials were instrumental in sanctioning and facilitating disbursement of loan to KFA.

18 July 2017 9:43 AM IST