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IDBI Bank posts Rs 135 cr profit in Q4

The bank raised Rs 745 crore through issue of Basel-III compliant tier-2 bonds in the March quarte…

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IDBI Bank strives to come out of RBI PCA framework this fiscal: MD

"Your Bank is cautiously optimistic of an early exit from the PCA framework in FY2020-21 as it bui…

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IDBI Bank plans to raise Rs 11,000 cr equity capital

IDBI Bank is required to maintain its Tier I capital in accordance with the relevant regulatory gui…

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India's largest-ever IPO may be shelved until next year

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…

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IDBI Bank likely to be out of PCA framework in fourth quarter

New Delhi, Dec 22 () LIC-controlled IDBI Bank expected to come out of the Prompt Corrective Action …

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IDBI Bank to raise Rs 1,500 cr via bonds

New Delhi, Jan 29 () IDBI Bank on Wednesday said it proposes to raise Rs 1,500 crore from bonds to …

PTI   


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FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday

Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…

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IDBI Bank raises Rs 745 cr through Basel-III bonds

Mumbai, Feb 3 () LIC-owned IDBI Bank on Monday said it has raised Rs 745 crore through issue of Bas…

PTI   


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IDBI Bank union wants govt assurance on PSB-type job benefits

Mumbai, Feb 1 () Hours after Finance Minister Nirmala Sitharaman announced plans to sell the govern…

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IDBI Bank says COVID-19 pandemic to not have any material impact on future results

"Despite these events and conditions, our results in future are not expected to be materially adve…

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Federal Bank to buy additional 4 pc stake in life insurance JV from IDBI Bank for over Rs 80 cr

"The valuations have been decided between partners by appointing third parties. IDBI Bank will red…

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IDBI Bank shares plunge over 6 pc after Q3 earnings

A one-time tax hit of Rs 6,273 crore left IDBI Bank deep into the red for the 13th consecutive qua…

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CBI books Hyderabad-based infra firm IVRCL for defrauding eight public banks for ₹4,837 crore

He said that in the complaint, it was alleged that the borrower company represented by its D…

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Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet

Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…

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IDBI Bank shares zoom over 10 pc after govt announces sale of balance holding

New Delhi, Feb 1 () Shares of IDBI Bank zoomed over 10 per cent at close of trade on Saturday after…

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IDBI Bank to consider raising rupee bond borrowing limit to Rs 7,500 cr for FY21

"The Board Meeting of IDBI Bank Ltd to be held on Wednesday, April 8, 2020 will consider the propos…

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This company is facing bankruptcy proceedings and it owes more than Rs 17,000 crore

The IDBI Bank will recover dues by taking resolution to insolvency courts and the bank has fund…

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IDBI Bank Q3 net loss widens to Rs 5,763 cr as bad loans weigh

The bank said its authorised capital increased to Rs 25,000 crore from Rs 15,000 crore on October …

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Nifty50 set to clock 10% increase in profit in Q3; banks likely to outperform

Yet another earnings season has begun, as always, with IT services companies reporting a mixed set …

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Why India’s reliance on state insurance giant LIC to bailout troubled lenders is worrying

India’s regulators restrict investments by insurance organisations to a maximum of 15…