Idbi Bank

Banks Can Vote Against NBCC's Jaypee Infratech Bid: Tribunal

Business | Indo-Asian News Service | Monday June 10, 2019

IDBI Bank, the lead banker to JIL had approached NCLAT seeking permission to vote against public sector construction major's bid

Lenders Reject Suraksha Realty's Bid For Jaypee Infratech

Business | Indo-Asian News Service | Friday May 3, 2019

Among the 11 banks led by IDBI Bank, only Jammu and Kashmir Bank voted in favour of Suraksha's bid, the lone bid in the fray

IDBI Bank Seeks Tribunal Nod To Extend Jaypee Infratech Resolution Deadline: Report

Business | Indo-Asian News Service | Monday April 29, 2019

The deadline ends on May 6 and the Committee of Creditors (CoC) is likely to meet on April 30 to put to vote the Mumbai-based Suraksha Realty's bid

IDBI Releases Pre-Exam Training Call Letter For Assistant Manager Recruitment

Jobs | NDTV Education Team | Thursday April 25, 2019

The call letter for IDBI AM PET 2019 can be downloaded from the official website till May 13, 2019.

IDBI Begins Online Application For SO Officer; Last Date April 30

Jobs | NDTV Education Team | Thursday April 18, 2019

IDBI bank will begin the online application process for Specialist cadre officer today and will conclude the application process on April 30, 2019.

IDBI To Recruit 120 Specialist Cadre Officers; Details Here

Jobs | NDTV Education Team | Thursday April 4, 2019

IDBI Bank has announced recruitment of Specialist Cadre Officers 2019. The application process will begin shortly and the link will be shared on the official website.

IDBI Begins Online Application Process For Assistant Manager Posts

Jobs | NDTV Education Team | Thursday April 4, 2019

IDBI Bank has begun the online application process for recruitment of Assistant managers.

LIC May Propose 3-5 Years Time For Stake Cut In IDBI Bank

Business | Indo-Asian News Service | Sunday March 17, 2019

LIC holds 51 per cent stake in IDBI Bank under a specific permission from Irdai, but under the condition that it will bring it down.

IDBI Bank Staff Seek Option To Shift To Other Private Sector Banks: Report

Business | Indo-Asian News Service | Saturday March 16, 2019

In January, the Life Insurance Corporation (LIC) completed the process of picking up a controlling 51 per cent stake in IDBI Bank.

Interest Rates Offered By Banks On Fixed Deposits Below Rs 2 Crore

Business | NDTV Profit Team | Saturday March 16, 2019

Fixed deposits are of two types: with premature withdrawal facility and without premature without facility.

LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank

Business | Indo-Asian News Service | Friday February 15, 2019

Gross bad loans as a percentage of total loans stood at 24.72 per cent at end-December compared with 24.98 per cent in the previous quarter.

LIC Completes Acquisition Of Controlling Stake In IDBI Bank: 10 Things To Know

Business | NDTV Profit Team | Tuesday January 22, 2019

LIC or Life Insurance Corporation on Monday completed acquisition of a controlling stake in IDBI Bank. With the completion of acquisition of a 51 per cent stake, LIC became the majority shareholder of IDBI Bank, according to a regulatory filing by the state-run lender. The deal is "envisaged as a win-win situation for both IDBI Bank and LIC with an...

Banking Services Likely To Be Hit On January 8, 9: All You Need To Know

Business | NDTV Profit Team | Monday January 7, 2019

Banking services are likely to be hit across the country on Tuesday and Wednesday. A section of state-run bank employees have decided to go on a two-day strike on January 8 and 9. The All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BSFI) have informed the Indian Banks' Association (IBA) of the two-day nationwide...

IDBI Bank Allots Shares Worth Rs 14,500 Crore To LIC

Business | NDTV Profit Team | Friday December 28, 2018

The move was part of the ongoing acquisition of a controlling stake in the bank by the insurance company.

Government Not To Participate In LIC Open Offer To Acquire IDBI Bank

Business | Press Trust of India | Tuesday December 4, 2018

In October, LIC announced an open offer for acquiring 26 per cent of equity in IDBI Bank at a price of Rs 61.73 per share, entailing total payout of over Rs 12,602 crore.