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IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

61.55INR
10:28am GMT
Change (% chg)

Rs0.35 (+0.57%)
Prev Close
Rs61.20
Open
Rs61.25
Day's High
Rs62.35
Day's Low
Rs61.25
Volume
5,652,428
Avg. Vol
7,997,742
52-wk High
Rs91.50
52-wk Low
Rs47.00

Latest Key Developments (Source: Significant Developments)

IDBI Bank Gets Letter Confirming India Govt Will Not Participate In Open Offer Made By LIC
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - IDBI Bank Ltd ::SAYS GETS LETTER FROM INDIA GOVERNMENT CONFIRMING THAT GOVERNMENT WILL NOT PARTICIPATE IN OPEN OFFER MADE BY LIC.  Full Article

IDBI Bank Says India Ratings And Research Downgrades Co's Ratings
Friday, 30 Nov 2018 

Nov 30 (Reuters) - IDBI Bank Ltd ::INDIA RATINGS AND RESEARCH DOWNGRADES CO'S BASEL III COMPLIANT BONDS, OMNI INFRASTRUCTURE BONDS, AND BASEL IIICOMPLAINT TIER II BONDS.INDIA RATINGS AND RESEARCH ALSO DOWNGRADES CO'S DEPOSIT RATING, SENIOR DEBT, LOWER TIER II BONDS, AND CERTIFICATES OF DEPOSITS.INDIA RATINGS AND RESEARCH CITED WEAKENED CAPITALISATION OF BANK THAT COULD IMPEDE ITS OPERATION.DOWNGRADE ALSO REFLECTS IND-RA'S EXPECTATION THAT BANK WOULD CONTINUE TO GRAPPLE UNDER RBI'S PROMPT CORRECTIVE ACTION FRAMEWORK.  Full Article

Competition Commission Of India Approves Acquisition Of Upto 51 Pct Stake In IDBI Bank By LIC
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - COMPETITION COMMISSION OF INDIA::APPROVES ACQUISITION OF UPTO 51 PERCENT STAKE IN IDBI BANK BY LIFE INSURANCE CORPORATION OF INDIA.  Full Article

IDBI Bank Gets Shareholders' Nod For Preferential Issue Of Shares To LIC
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - IDBI Bank Ltd ::GETS SHAREHOLDERS' NOD FOR PREFERENTIAL ISSUE OF SHARES TO LIC.GETS SHAREHOLDERS' NOD FOR INCREASE IN AUTHORISED SHARE CAPITAL OF BANK.GETS SHAREHOLDERS' NOD FOR RECLASSIFICATION OF LIC AS PROMOTER.  Full Article

IDBI Bank Says Rakesh Sharma Has Assumed Charge As MD & CEO WEF Oct 10
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - IDBI Bank Ltd ::SAYS RAKESH SHARMA HAS ASSUMED CHARGE AS MD & CEO OF IDBI BANK W.E.F. OCTOBER 10, 2018.  Full Article

IDBI Bank Approves Preferential Issue of Shares to LIC
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - IDBI Bank Ltd ::SAYS BOARD APPROVED PREFERENTIAL ALLOTMENT OF SHARES TO LIC UPTO 51 PERCENT OF POST ISSUE PAID UP CAPITAL OF THE BANK.  Full Article

IDBI Bank June-Qtr NIM 2.17 Pct
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - IDBI Bank Ltd ::JUNE QUARTER NIM 2.17 PERCENT.  Full Article

IDBI Bank Says India Govt Conveys No Objection To Reduction In Govt's Stake In Co Below 50 Pct
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - IDBI Bank Ltd ::SAYS INDIA GOVERNMENT CONVEYED NO OBJECTION TO REDUCTION IN GOVERNMENT'S SHAREHOLDING IN BANK BELOW 50 PERCENT.SAYS INDIA GOVERNMENT CONVEYED NO OBJECTION TO RELINQUISHMENT OF MANAGEMENT CONTROL BY GOVERNMENT IN CO.IDBI BANK-INDIA GOVERNMENT CONVEYED NO OBJECTION TO ACQUISITION OF CONTROLLING STAKE IN CO BY LIC AS PROMOTER VIA PREFERENTIAL ISSUE/ OPEN OFFER OF EQUITY.  Full Article

IDBI Bank Says Awaiting India Govt's Nod On Deal With LIC
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - IDBI Bank Ltd ::CLARIFIES ON NEWS ITEM TITLED "CABINET CLEARS LIC-IDBI DEAL".IDBI BANK LTD SAYS LIC'S PROPOSAL FOR ACQUISITION OF STAKE IN CO AS PROMOTERS WAS REFERRED TO GOI FOR THEIR DECISION; GOI'S APPROVAL IS AWAITED.  Full Article

Indian Cabinet Approves LIC's Planned Stake Buy In IDBI Bank - CNBC TV18
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - :INDIAN CABINET APPROVES LIFE INSURANCE CORP OF INDIA STAKE BUY PLAN IN IDBI BANK IDBI.NS - CNBC TV 18.  Full Article

India's IDBI Bank posts 8th straight quarterly loss as provisions surge

Nov 14 IDBI Bank Ltd posted its eighth straight quarterly loss on Wednesday, as the state-run lender set aside more funds for bad loans.