State-owned IDBI Bank today said it has sold 2 per cent stake in National Stock Exchange to country's largest insurer LIC. The bank has sold 9 lakh equity shares constituting 2 per cent of the paid-up capital of the …
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Stock Holding Corporation of India (SHCIL), leading depository participant and largest custodian of securities in the country, will be merged with government-owned IDBI Bank. SHCIL was incorporated as a public limited …
IDBI Bank opened lower and fell 2 per cent to Rs 63.65 on the BSE. On the National Stock Exchange, the stock fell 2 per cent to Rs 63.50. The foreign currency issuer credit rating on IDBI Bank was cut to 'BB+/B' from …
Shareholders of IDBI Bank had a reason to cheer on Monday. The bank's stock had rallied almost 17% intraday on the back of supportive statements over the weekend from Finance Minister Arun Jaitley had, over the …
IDBI Bank
The board of directors has taken in-principle decision to merge IDBI Bank Ltd with IDBI, the financial institution informed the Bombay Stock Exchange on Thrusday. IDBI Bank Ltd informed the BSE that its board has given …
Today, IDBI share price surged more than 6 percent intraday after a media report indicated that Asian Development Bank is in race to buy stake in the public sector lender. Multilateral agency, Asian Development …
IDBI Bank’s amalgamation of custodial services provider Stock Holding Corporation of India with itself is widely perceived as expensive. SHCIL was last valued at about Rs1,725 crore when IFCI (Industrial Finance …
As part of its development activities, IDBI Bank has been instrumental in sponsoring the development of key institutions involved in India's financial sector -National Stock Exchange of India Limited (NSE) and National …
Public sector IDBI Bank has divested its entire 18.95 per cent stake in Stock Holding Corporation of India to IFCI Ltd. "Informed BSE that the bank has divested its entire equity holding of 39,90,000 shares (18.95 per cent) in …
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Prakash Diwan, Head - Institutional Business, Networth Stock Broking, in a chat with ET Now talks about IDBI bank. What would you choose and recommend to our viewers and what's the rationale behind it? This is IDBI