IDBI Bank on Tuesday said its all-India Officers' Association will observe a one-day nationwide hunger strike on 30 March, over various demands
RBI says no to IDBI Bank's proposal to change its name following the transfer of controlling 51% stake to LIC
The Reserve Bank of India (RBI) has turned down IDBI Bank's proposal to change its name following the transfer of controlling 51 percent stake to insurance behemoth LIC from the government of India
IDBI Bank to sell several large loans to lenders, financial institutions in a bid to clean up its books faster
IDBI Bank is planning to sell bad loans to banks, financial institutions or asset restructuring companies in order to steps up efforts to recover dues from loan offenders
In January LIC had completed the process of picking up a controlling 51 percent stake in the nearly crippled IDBI Bank
IRDAI wants insurers to use own judgement along with rating before investing, asks to make provisions for IL&FS exposure
It could be noted that some of the listed companies of the now crippled IL&FS group were downgraded by ICRA and CARE Ratings
The new DMDs at IDBI Bank will be appointed for three years, which will be extendable by two more years or up to 60 years
RBI imposes Rs 8 crore fine on three banks for non-compliance of directions on Swift messaging software
The Reserve Bank of India has imposed a total monetary fine of Rs 8 crore on three banks - Karnataka Bank, United Bank of India and Karur Vysya Bank - for non-compliance of directions on Swift messaging software
IDBI Bank receives nod to handle import, exports transactions with Iran; move to promote two-way trade
The IDBI Bank has received government nod to handle import and export transactions with Iran, a move which would help in promoting two-way trade amid US sanctions on the Persian Gulf nation
The Reserve Bank has imposed a monetary penalty of Rs 3 crore on Union Bank, Rs 2 crore on Dena Bank, and Rs 1 crore each on IDBI and the SBI for non-compliance with various directions, regulatory filings said on Saturday
The board has proposed LIC IDBI Bank Ltd as the first preference followed by LIC Bank Ltd.
Shares of IDBI Bank on Monday plunged nearly 6 percent after the company reported widening of loss to Rs 4,185.48 crore for the December quarter 2018 as bad loans surged
The ownership of the IDBI Bank has changed from the Government of India to LIC
RBI lifts lending curbs on Bank of India, Bank of Maharashtra, Oriental Bank of Commerce; move to expand loan growth
Eight public sector banks—Allahabad Bank, United Bank of India, Corporation Bank, IDBI Bank, UCO Bank, Central Bank of India, Indian Overseas Bank and Dena Bank—still remain under PCA framework,
International rating agency Moody's Wednesday upgraded the long-term foreign currency ratings of IDBI Bank to Ba2 from B1 along with an outlook upgrade to positive from an 'under-review' category
LIC completes acquisition of 51 percent stake in IDBI Bank; insurer to have strategic investment in large bancassurance channel
IDBI Bank Monday said insurance behemoth LIC has completed the acquisition of 51 percent controlling stake in the bank
India to work with Iran for facilitating rupee trade, not to violate any international law: Suresh Prabhu
Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia.
S&P has removed IDBI Bank's ratings from 'CreditWatch', where they were placed with negative implications on 17 August, 2018.
At the past two meetings held between RBI and state- run banks, Das had deliberated on the prompt correction action framework.