the lender said on Tuesday.IDBI, in a filing to the stock exchanges, said the action "will not have any material impact" on its performance and expected it to help improve its internal controls and performance.It did not give details of the …
Shares of Lanco tanked 20 percent to a new record low of Rs. 1.88 on the BSE. The company confirmed on Saturday …
IDBI Bank won government approval in December to sell as much as Rs37.71bn of stock to institutional investors. The bank could start the offering as early as this quarter, sources said yesterday. DBI Bank, the state-backed Indian lender, …
70 crore. However, IDBI will have to pay UWB shareholders Rs. 150.55 crore at Rs. 28 a share, which works out to a 31 percent premium over UWB's closing price of Rs. 21.45 on the Bombay Stock Exchange. With UWB secured, IDBI's …
IDBI Bank had raised Rs4.5 billion by selling some of its non-core holdings during the year ended 31 March. The bank has been able to monetise a part of its stake in the National Stock Exchange and CARE Ratings Ltd so far. As of March …
News Release: IDBI Capital Market Services ... The portal contains several features and tools like Market Map, Custom Stock screener, Market Monitor, Portfolio Tracker, Charting Corner and Newsroom.
“We have filed an MTN programme with Singapore Stock Exchange for raising $1.5 billion from the Middle East, Far East and Asia Pacific excluding Japan,” IDBI Bank DIFC Chief Executive Officer N.S. Venkatesh told Khaleej Times in an …
Besides, announcing that the Reserve Bank of India (RBI) would facilitate retail participation in government securities, he also said state-run general insurance companies would now be listed in the stock exchanges ... its equity in IDBI Bank …
* IDBI Bank says India cenbank has initiated ‘prompt corrective action’ for lender on high bad loans, negative return on …
The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at risk of missing coupon payments on their additional tier 1 bonds, Fitch Ratings said on Wednesday. Fitch said India's …