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

IDBI Bank Q1 net loss widens to Rs 3,800 crore

Provisions during the quarter increased 20.93 per cent to Rs 6,332.05 crore as against Rs 5,235.96 crore in the year-ago...

14 Aug 2019 8:13 PM

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

Union Cabinet clears over Rs 9,000 cr capital infusion in IDBI Bank

Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash...

3 Sept 2019 9:45 AM

Bharati Axa

Merger of ICICIGI, Bharati Axa is just the beginning

Promoters are finding it diffiult to raise capital and may turn to listing on the stock exchanges

24 Aug 2020 12:47 PM

In another promising start to the earnings season, state-owned Bank of Maharashtra (BoM) doubled its net profit at Rs 264 crore in the September quarter against Rs 130 crore in the same quarter last year on a sharp rise in net interest income and recovery from DHFL. DC

IDBI Bank, BoM report rise in interest income

IDBI Bank's net interest income rose 9 per cent at Rs 1,854 crore for Q2 FY22

22 Oct 2021 1:53 AM

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

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 10:32 AM

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

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 8:10 AM

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

Delhi HC dismisses appeal against LIC move to acquire 51 pc stake in...

LIC to pay back its policy holders since it will have to invest an amount of Rs 13,000 crores to acquire the 51 per cent...

21 Dec 2018 6:29 AM

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

Govt not to participate in LIC's open offer in IDBI Bank

LIC's open offer to purchase 26 per cent shares of IDBI Bank opened on December 3 and will close on December 14.

4 Dec 2018 8:42 AM

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

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 8:22 AM

The Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, started its 2-day meeting on Wednesday.

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...

2 May 2018 8:46 AM

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

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...

1 May 2018 10:13 AM

The CBI alleged that the exchange had not fulfilled the criteria for acquiring the status.

CBI registers three cases against 52 persons

The valuers overvalued the properties mortgaged. The loans amounting to Rs 545.28 crore.

29 March 2018 11:15 PM