Idbi Bank

Showing of 1 - 20 from 240 results
Idbi Bank - Total results - 240
IDBI Bank shares rally 20% after lender posts net profit of Rs 135 cr in March quarter
Business

IDBI Bank shares rally 20% after lender posts net profit of Rs 135 cr in March quarter

IDBI Bank shares on Monday zoomed 20 percent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarter ended March

NCLAT gives conditional go-ahead to NBCC for acquiring Jaypee Infratech; asks IRP to form interim monitoring committee
Business

NCLAT gives conditional go-ahead to NBCC for acquiring Jaypee Infratech; asks IRP to form interim monitoring committee

In its bid, the NBCC had proposed to complete over 20,000 pending flats in housing projects launched by Jaypee Infratech in Noida and Greater Noida (Uttar Pradesh).

Vijay Mallya says disappointed with UK court decision, to continue legal battle against extradition
Business

Vijay Mallya says disappointed with UK court decision, to continue legal battle against extradition

Mallya's legal team had claimed that the loan defaults by KFA were the result of wider issues faced by the aviation industry at the time.

IDBI Bank shares jump over 10% on Rs 7,500 cr fund-raising plans in current fiscal
Business

IDBI Bank shares jump over 10% on Rs 7,500 cr fund-raising plans in current fiscal

Shares of IDBI Bank on Thursday jumped 10.6 percent after the company said it has targeted to raise up to Rs 7,500 crore in the current fiscal

Yes Bank to be dropped from Nifty 50 from 19 March instead of 27 March: NSE
Business

Yes Bank to be dropped from Nifty 50 from 19 March instead of 27 March: NSE

NSE Indices' Index Maintenance Sub-Committee has decided to make the replacement of stocks in various indices as part of its periodic review. These changes would become effective from March 27, 2020.

No proposal to merge LIC Housing Finance with any other entity, says LIC; shares plunge over 10%
Business

No proposal to merge LIC Housing Finance with any other entity, says LIC; shares plunge over 10%

Life Insurance Corporation on Monday said there is no proposal to merge its subsidiary LIC Housing Finance Ltd (LICHFL) with any other entity

IDBI Bank's October-December quarter net loss widens to Rs 5,763 cr; gross bad loans remain at elevated level
Business

IDBI Bank's October-December quarter net loss widens to Rs 5,763 cr; gross bad loans remain at elevated level

IDBI Bank on Tuesday reported widening of its standalone net loss to Rs 5,763.04 crore for the third quarter ended December as bad loans remained at an elevated level

LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt
Business

LIC public offer likely in second half of FY21, about 10% govt stake to be sold; aims to garner Rs 90,000 cr: Govt

There are a number of processes which have to be followed and some legislative changes would also be required for the listing of LIC, Kumar said.

Budget 2020: Govt to sell stake in LIC via partial listing; sets steep divestment target of Rs 2.1 lakh cr for FY21
Business

Budget 2020: Govt to sell stake in LIC via partial listing; sets steep divestment target of Rs 2.1 lakh cr for FY21

Although the government did not give a roadmap for listing LIC, it said that Rs 90,000 crore will be achieved via stake sales in state-owned banks and financial institutions.

Nirmala Sitharaman’s record 160-minute long Budget speech a missed opportunity to revive a floundering economy
Business

Nirmala Sitharaman’s record 160-minute long Budget speech a missed opportunity to revive a floundering economy

The decision to sell part of government stake in LIC and list shares on stock exchanges is one big announcement made in the Budget and will be seen with a lot of interest by the investors.

Jaypee Infratech insolvency: Lenders to meet on 18 November to comply with Supreme Court direction
Business

Jaypee Infratech insolvency: Lenders to meet on 18 November to comply with Supreme Court direction

Lenders of debt-ridden Jaypee Infratech will meet on 18 November to take forward the process of insolvency resolution after the Supreme Court directed early this month to complete the process within 90 days

IDBI Bank trims Q2 net loss to Rs 3,459 cr; bad loans decline marginally to 29.43%
Business

IDBI Bank trims Q2 net loss to Rs 3,459 cr; bad loans decline marginally to 29.43%

Private sector IDBI Bank on Friday reported a slight narrowing of its net loss to Rs 3,458.84 crore for the second quarter ended September

RBI places Lakshmi Vilas Bank under prompt corrective action; directors probed for alleged fraud
Business

RBI places Lakshmi Vilas Bank under prompt corrective action; directors probed for alleged fraud

The Lakshmi Vilas Bank on Saturday received shareholders' approval to raise up to Rs 1,000 crore by issuance of securities

Jet Airways crisis: NCLT asks grounded airline's lenders to release lifeline funds within 15 days
Business

Jet Airways crisis: NCLT asks grounded airline's lenders to release lifeline funds within 15 days

The RP of Jet Airways had moved NCLT on 20 September seeking directions to the lenders, who own 51 percent in the airline since March, to release interim funds.

IDBI Bank shares jump 8% on govt's Rs 9,300 cr capital infusion announcement
Business

IDBI Bank shares jump 8% on govt's Rs 9,300 cr capital infusion announcement

Shares of IDBI Bank on Tuesday jumped nearly 8 percent after the government approved Rs 9,300 crore fund infusion in the company to help improve the bank's capital base and turn it profitable

IDBI Bank gets Cabinet nod for Rs 9,000-cr fund infusion, move aims at increasing lender's capital base
Business

IDBI Bank gets Cabinet nod for Rs 9,000-cr fund infusion, move aims at increasing lender's capital base

It will help both IDBI and LIC and shows the government's commitment to take banking to a sound level.

IDBI Bank launches repo-linked home, auto loans at interest rates starting from 8.30% per annum
Business

IDBI Bank launches repo-linked home, auto loans at interest rates starting from 8.30% per annum

IDBI Bank on Friday said it will offer repo-linked home and auto loans with interest rates starting from 8.30 percent per annum

IDBI Bank shares tank over 9% after lender logs Rs 3,801 cr loss in June quarter
Business

IDBI Bank shares tank over 9% after lender logs Rs 3,801 cr loss in June quarter

Shares of IDBI Bank tumbled over 12 percent on Friday after the company reported widening of loss to Rs 3,800.84 crore for the June quarter

Days after submitting EoI for Jet Airways, Vedanta's Anil Agarwal says not interested in debt-laden airline
Business

Days after submitting EoI for Jet Airways, Vedanta's Anil Agarwal says not interested in debt-laden airline

In April, Etihad had presented a conditional expression of interest to reinvest in Jet Airways as a minority stakeholder, with a partner, but it did not materialise.

Oriental Bank of Commerce, IDBI Bank cut MCLR up to 15 basis points; auto, home, personal loans become cheaper
Business

Oriental Bank of Commerce, IDBI Bank cut MCLR up to 15 basis points; auto, home, personal loans become cheaper

Oriental Bank of Commerce and IDBI Bank on Thursday announced a cut in the range of 0.05 to 0.15 percentage point in the marginal cost of funds based lending rates (MCLR) for various tenors