IDBI Bank
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Business
IDBI Bank okays preferential issues to LIC, Govt
Mumbai: IDBI Bank on Thursday approved the proposal for the preferential issue to the government and LIC aggregating after their infusion of Rs 4,557 crore and Rs 4,743 crore, respectively,…
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Business
IDBI Bank opens processing in 3 cities for Iran trade
NEW DELHI: Amid uncertainty over India’s oil import possibilities from Iran after May 2 when the waivers to US sanctions on Iran are withdrawn, state-run IDBI Bank has stepped-up efforts…
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Business
‘Rating IDBI Bank as private is against public interest’
Chennai: The All India Bank Employees’ Association (AIBEA) has demanded the Reserve Bank of India (RBI) to reconsider its decision to categorize IDBI Bank as a private entity. In a…
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Business
IDBI Bank staff seek option to shift to other PSBs
NEW DELHI: The employees of IDBI Bank have opposed the bank’s categorisation as a private lender and are seeking the option to switch to any other nationalised bank with protection…
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News
IDBI Bank staff seek option to shift to other PSBs
New Delhi: The employees of IDBI Bank have opposed the bank’s categorisation as a private lender and are seeking the option to switch to any other nationalised bank with protection…
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Business
IDBI Bank proposes to change the name
Mumbai: IDBI Bank has said that its Board has approved a proposal to change the name of the lender to either LIC IDBI Bank or LIC Bank, subject to regulatory…
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Business
LIC completes 51% acquisition in IDBI Bank
Mumbai: State-run Life Insurance Corporation of India (LIC) on Monday completed its acquisition of 51 per cent stake in the financially-stressed IDBI Bank, according to a regulatory filing by the…
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