Tag: IDBI BANK

HOME » IDBI BANK
» 2018-10-04

IDBI Bank said its board of directors has approved the issue of shares to Life Insurance Corporation of India to make the latter the majority shareholder in the bank. The […]

» 2018-08-13

Indian banks will need between $40 bln to $55 bln (Rs 2.8 lakh cr to Rs 3.8 lakh cr) of additional capital to meet the Basel III capital adequacy norms […]

» 2018-07-22

IDBI Bank, which is the target of an acquisition move by the Life Insurance Corporation of India, has emerged as the bank with highest proportion of bad loans among public […]

» 2018-07-21

The finance ministry has clarified that it is yet to take a final decision on the proposed acquisition of IDBI Bank by India’s largest insurer Life Insurance Corporation or LIC. […]

» 2017-11-01

IDBI Bank said Net Interest Income for September quarter improved by 3.63% compared to previous year and 18.19% compared to the June quarter. Net Interest Margin (NIM) stood at 2.17% […]

» 2017-08-30

Moody’s Investors Service has downgraded debt issued by IDBI Bank over concerns on “reduction in the amount of extraordinary government support incorporated into the bank’s ratings and its weak standalone […]

» 2017-05-29

Fitch Ratings said it downgraded IDBI Bank’s Long-Term Default Rating and its ‘viability rating’ by one notch each to ‘BB+’ and ‘ccc’ with a stable outlook. “IDBI Bank’s Viability Rating […]

» 2017-05-22

IDBI Bank, one of India’s largest government-controlled banks, said it received notice of strike from the “United Forum of IDBI Bank Officers and Employees”. The strike will be on Tuesday, May […]

» 2015-08-17

IDBI Federal Life Insurance, a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant […]

» 2015-08-12

IDBI Bank reported a net profit of Rs 135 Crore for the quarter ended June 30, 2015 and Rs 873 Crore for year ended March 31, 2015 as against Rs […]

» 2015-08-10

IDBI Bank has reduced the interest rates on Retail Term Deposit by 40 basis points (0.4 percentage points) on fixed deposits with maturity of more than 6 months and up […]

» 2015-08-05

IDBI Bank, arguably the most tech-savvy among government banks in India, has implemented a new digital system for processing loans such as education loans, auto loans and personal loans. “The […]

» 2015-08-03

IDBI Bank has launched a unique kiosk-based branch that will provide services such as issue of demand drafts and pay orders and request of cheque leaves 24×7. “IDBI Bank would […]

Get the latest Financial news from Ultra News by email:

Don't forget to click on the activation link we send to your email