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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…

PTI   


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6 mins read

Mankind Pharma, PNB among stocks to become largecap from midcap; mutibagger Rail Vikas Nigam to turn midcap from smallcap

The Association of Mutual Funds in India (AMFI) releases reclassification of largecap, midcap an…

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3 mins read

Looking to unlock value in IDBI Bank: LIC chief

Explaining further, the corporation's appointed actuary Dinesh Pant said, "LIC (Act) has got a Sec…

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IREDA IPO to open on November 21, price band fixed at ₹30-32/share

The initial public offer (IPO) of Indian Renewable Energy Development Agency (IREDA) will open for …

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The tech stocks binge is hotting up again with the second wave of COVID-19

IT stocks like TCS, Mindtree, HCL Tech, CoForge and others have rallied by over 3% this week as sha…

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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 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…

PTI   


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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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Axis Bank share price surges over 6% after earnings reveal that only 9.7% of its loans are exposed to the moratorium

Axis Bank’s share price rallied over 6% in early morning trade, reacting to its Q1 earnings posted …

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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 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…

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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 …

PTI   


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The Indian government wants to merge more public-sector banks

The Indian government has reportedly asked the RBI to draw up a list of banks that can be merg…

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IDBI shares zoom 18 pc after FM announces sale of balance govt holding in co

New Delhi, Feb 1 () Shares of IDBI Bank zoomed 18 per cent on Saturday after Finance Minister Nirma…

PTI   


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3 mins read

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…

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4 mins read

M&M shares hit 52-week high on the back of rural revival – more good news in store

Mahindra & Mahindra has seen its market capitalization surge by nearly 30% since the beginning of t…

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If you want to predict LIC stock prices, look how the stock market moves

LIC might be an elephant that cannot dance, but when it does, it moves just the way the stock marke…

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India’s largest insurer is bailing out a dying bank at the behest of the government

On July 16th, the board of the state-owned Life Insurance Corporation of India, the country’s large…