Idbi Bank

Bank unions call for strike on 15 and 16 March against proposed privatisation of PSBs

Most of the banks, including the State Bank of India (SBI), have informed their customers about the impact on the functioning of branches and offices if the strike materialises

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

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

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

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

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%

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

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

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.

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.