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NEW DELHI: IDBI Bank will sell its entire 5 per cent stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector lender about Rs 1,000 crore. At the end of quarter ending September 2014, the public sector lender held ...
The Economic Times · 12/19/2014
NEW DELHI: IDBI Bank is set to lose the battle to take over Stock Holding Corporation of India (SHCIL), the country's top custodial and depository service provider, amid opposition mounted by IFCI. The finance ministry, which had to approve the bid ...
Times of India · 5/13/2013
In 2012, SHCIL, then a subsidiary of the IDBI Bank, was proposed to be merged with its parent but the deal was not executed. State-run lender IFCI is buying IDBI Bank Ltd’s entire 18.95 per cent equity stake in custodial and depository services provider ...
VC Circle · 3/21/2014
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The Stock Holding Corporation of India Ltd (SCHIL) will merge with IDBI Bank Ltd, with the latter buying out over a half-a-dozen other public sector shareholders. The Stock Holding Corporation of India Ltd (SCHIL) will merge with IDBI Bank Ltd, with the ...
Daily News and Analysis · 11/1/2012
India's leading depository participant and largest custodian of securities, Stock Holding Corporation of India (SHCIL), will be merged with state-owned lender IDBI Bank through a non-cash, share-swap deal, subject to approvals from regulators and other ...
Firstpost · 11/1/2012
"The preliminary enquiry initiated by CBI a few months ago is against the borrower...and not against IDBI Bank, as reported in the media," the lender said in a stock exchange filing. "The Bank has been providing all the information and documents sought by ...
Yahoo Finance · 8/12/2014
IDBI is selling its entire 5% stake in National Stock Exchange and has invited 'Expression of Interest' for the same. The sale is likely to fetch IDBI over R1000 Cr. IDBI Capital Markets is managing the sale for IDBI. The sale has been brought into effect ...
4 Traders · 12/24/2014
New Delhi: State-owned IDBI Bank plans to sell its entire 5 per cent stake in leading stock exchange NSE in the next fiscal as part of its capital raising exercise by existing non-core businesses. "We are interested in selling stake but it may not happen ...
Zee News · 3/8/2015
Stock Holding Corporation of India (SHCIL) is all set to merger with the public sector bank IDBI Bank. The final approval from the board of directors of the Mumbai based bank has been received. Talking on the matter, a top level executive of SHCIL said ...
Rupee Times · 11/1/2012
At the NSE, the stock lost 5.47 per cent to Rs 78.55. CBI has started a preliminary enquiry into the Rs 950 crore alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth. "It was first ...
Deccan Chronicle · 8/11/2014