Showing results for "#IDBI Bank"
IDBI Bank invites bids to divest stake in Asset Reconstruction Company
IDBI Bank plans to divest its stake in Asset Reconstruction Company Ltd (Arcil) and has invited bids from interested parties.
IDBI Bank's Q3FY22 net profit up 53 pc
21 Jan 2022 4:15 PMIDBI Bank on Friday reported a rise of 53 per cent in its net profit for Q3FY22 on a year-on-year basis, at Rs 578 crore as against Rs 378 crore...
LIC wants to remain IDBI Bank shareholder for bancassurance gain
21 Feb 2022 12:23 PMIDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional 8,27,590,885 equity shares.
IDBI Bank to sell property owned by Great Indian Tamasha Company
21 Jun 2022 1:23 AMThe dues of IDBI Bank that are outstanding stand at Rs 92.69 cr as on May 1, 2022. The land parcels being sold are in district Kodagu in Karnataka.
'LIC policyholders should not incur loss in IDBI Bank stake sale'
26 July 2022 12:49 PMFurther, IDBI Bank also sells the life insurance policies of LIC and once it goes out of its fold, the life insurer may lose out a major distribution...
Centre may call for preliminary bids next month
30 Aug 2022 7:09 PMThe Cabinet Committee on Economic Affairs had given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank...
Govt, LIC to divest 60.72 per cent stake in IDBI Bank
7 Oct 2022 4:06 PMIDBI Bank operates as a full-service universal bank serving customers from all the segments.
Govt seeks waiver in key norm for IDBI Bank stake sale
19 Oct 2022 1:17 AMEarlier this month, bids were invited for a 60.72% stake in IDBI Bank which is 45.48% owned by the government and 49.24% by state-owned Life Insurance...