Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], Sept 19 (ANI): The board of directors at IDBI Bank on Thursday approved the proposal for preferential issue of capital to the government and Life Insurance Corporation (LIC) totalling up to Rs 4,557 crore and Rs 4,743 crore respectively.
Updated : 2 months, 1 week ago IST
New Delhi [India], Sept 3 (ANI): The Central government on Tuesday approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender's capital base.
Updated : 2 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): Global rating agency S&P has placed IDBI Bank on credit watch, citing uncertainty over its ability to meet capital requirements over the next few months.
Updated : 3 months, 2 weeks ago IST
Bengaluru (Karnataka) [India] July 26(ANI/NewsVoir): Manipal Global Academy of BFSI (MGABFSI) and IDBI Bank Ltd have renewed a Memorandum of Understanding for further period of two years to enroll the students for one year Post Graduate Diploma in Banking and Finance (PGDBF) programme.
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], July 24 (ANI): India Ratings and Research (Ind-Ra) has revised IDBI's long-term issuer rating at IND A and short-term issuer rating at IND A1 besides changing the rating outlook from 'rating watch negative' to 'negative.
Updated : 5 months ago IST
New Delhi [India] June 12 (ANI/BusinessWire India): IDBI Bank Ltd. and Max Bupa, a Standalone Health Insurer (SAHI), signed a Bancassurance corporate agency agreement on June 1, 2019. It is the first time that IDBI Bank has been on-boarded as a corporate agent for a SAHI partner under open a
Updated : 7 months ago IST
Bhopal (Madhya Pradesh) [India], Apr 15 (ANI): Senior Congress leader Digvijaya Singh on Monday accused the BJP of attempting to shut down Public Sector Undertakings (PSUs) and replacing them with private organisations.
Updated : 8 months, 1 week ago IST
New Delhi [India], Mar 6 (ANI): The lookout notice against businessman C Sivasankaran, an accused in IDBI bank defrauding case, is still open, according to CBI sources.
Updated : 10 months, 3 weeks ago IST
New Delhi [India], Dec 21 (ANI): The All India Bank Officers' Confederation (AIBOC) in collaboration with the United Forum of Bank Unions (UFBU) will observe a 24-hour long strike demanding wage revision and opposing the proposed merger of Dena Bank, Vijaya Bank and Bank of Baroda.
Updated : 1 year, 2 months ago IST
London [United Kingdom], Sep 12 (ANI): The lawyer of liquor baron Vijay Mallya on Wednesday claimed that IDBI Bank officials were well aware of the losses incurred in the debt-ridden Kingfisher Airlines.
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], July 17 (ANI): The Industrial Development Bank of India (IDBI) on Monday received an offer from the Life Insurance Corporation of India (LIC) seeking to buy a 51 percent controlling stake in the public sector bank.
Updated : 1 year, 5 months ago IST
New Delhi, [India], June 4 (ANI): The Centre on Monday announced the appointment of IDBI Bank managing director (MD) and chief executive officer (CEO) Mahesh Kumar Jain, as the fourth deputy governor of the Reserve Bank of India (RBI).