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IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

59.35INR
19 Oct 2018
Change (% chg)

Rs0.15 (+0.25%)
Prev Close
Rs59.20
Open
Rs59.15
Day's High
Rs60.40
Day's Low
Rs58.65
Volume
5,973,559
Avg. Vol
18,046,119
52-wk High
Rs91.50
52-wk Low
Rs47.00

Latest Key Developments (Source: Significant Developments)

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

IDBI Bank Says Co To Seek Indian Govt's Decision On Stake Sale To LIC
Tuesday, 17 Jul 2018 

July 17 (Reuters) - IDBI Bank Ltd ::LETTER RECEIVED FROM LIFE INSURANCE CORPORATION OF INDIA FOR ACQUISITION OF 51% CONTROLLING STAKE IN IDBI BANK AS A PROMOTER.DECIDED TO SEEK GOVERNMENT OF INDIA'S DECISION IN THIS ACQUISITION.  Full Article

IDBI Bank Says Section Of Officers Plans Strike From July 16-21
Thursday, 12 Jul 2018 

July 12 (Reuters) - IDBI Bank Ltd ::RECEIVED NOTICE FROM SECTION OF OFFICERS THAT THEY PROPOSE TO GO ON STRIKE FROM JULY 16 TO JULY 21.  Full Article

Indian Rupee Still Overvalued Against Dollar; No Need To Intervene -Policy Panel Official
Tuesday, 3 Jul 2018 

July 3 (Reuters) - :INDIA'S POLICY PANEL OFFICIAL SAYS INDIAN RUPEE STILL OVER VALUED AGAINST DOLLAR; NO NEED TO WORRY, NO NEED TO INTERVENE.INDIA'S POLICY PANEL OFFICIAL SAYS CENTRAL BANK INTERVENTION LIMITED TO CONTAINING ONLY RUPEE VOLATILITY.INDIA'S POLICY PANEL OFFICIAL SAYS STATE-OWNED LIFE INSURANCE CORPORATION (LIC) COULD MAKE MONEY IN LONG RUN BY ACQUIRING MAJORITY STAKE IN IDBI BANK <<>>.INDIA'S POLICY PANEL OFFICIAL SAYS WITHOUT ADDRESSING CORPORATE GOVERNANCE ISSUE IN STATE-RUN BANKS, IT WOULD BE DIFFICULT TO ADDRESS BAD LOANS.  Full Article

IDBI Bank Says Consortium Invited Proposals To Buy At Least 51 Pct Stake In Sai Wardha Power Plant
Friday, 29 Jun 2018 

June 29 (Reuters) - IDBI Bank Ltd ::CLARIFIES ON NEWS ITEM ON CO-LED CONSORTIUM PUTTING SAI WARDHA POWER PLANT UP FOR SALE.SAYS EXTENDED FINANCIAL ASSISTANCE TO 540 MW COAL BASED POWER PROJECT SET UP BY SAI WARDHA POWER GENERATION.ACCOUNT HAS BEEN CLASSIFIED AS NPA WITH IDBI BANK.LENDERS DECIDED TO EXPLORE CHANGE IN MANAGEMENT THROUGH AN OPEN BIDDING PROCESS.CONSORTIUM INVITED PROPOSALS FOR ACQUISITION OF AT LEAST 51% STAKE IN SWPGL.  Full Article