Thursday, Feb 29, 2024 | Last Update : 01:07 AM IST


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 Apr 2022 8:45 AM

IDBI Bank to set off Rs 45,586-cr accumulated losses against balance in securities premium account

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

02 Mar 2021 8:03 AM

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

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

10 May 2020 8:44 AM

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 Mar 2019 2:48 PM

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

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

11 Mar 2019 11:54 AM


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 Shahane

06 Feb 2019 12:51 PM

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.

08 Oct 2018 11:38 AM

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.

02 Aug 2018 1:37 AM

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.

06 Sep 2017 2:58 AM

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 2016.

11 Aug 2017 11:40 AM


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 Jul 2017 9:43 AM

Loan defaulters: IDBI starts insolvency proceedings against Lanco Infratech

Lanco Infratech is among the 12 firms identified by the central bank with a combined debt of over Rs 1,50,000 crore.

19 Jun 2017 10:39 AM

Analysts sure of RBI rate cut due to record low CPI inflation

The RBI chose to go for a status quo in the policy rates at its review last week.

13 Jun 2017 6:34 PM

Public sector banks to raise money through equity dilution

The banks which including SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore.

04 Jun 2017 10:44 AM