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IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

70.30INR
21 Feb 2018
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Thu, Feb 15 2018

BRIEF-IDBI Bank Divests Stake In NEGIL

* SAYS CO DIVESTED 30 PERCENT STAKE IN NEGIL Source text - http://bit.ly/2EKWLco Further company coverage:

India's IDBI Bank Q3 loss narrows

Jan 31 IDBI Bank Ltd posted a fifth straight quarterly loss on Wednesday as provisions for bad loans rose in the period.

BRIEF-India's IDBI Bank Dec Qtr Loss Narrows

* DEC QUARTER NET LOSS 15.24 BILLION RUPEES VERSUS LOSS OF 22.55 BILLION RUPEES YEAR AGO

BRIEF-IDBI Bank Approves Proposal For Preferential Issue Of Capital To Govt Of India

* SAYS APPROVED PROPOSAL FOR PREFERENTIAL ISSUE OF CAPITAL TO GOVERNMENT OF INDIA AGGREGATING UP TO 27.29 BILLION RUPEES Source text - http://bit.ly/2r2I92o Further company coverage:

BRIEF-IDBI Bank Says India Govt Infused Share Application Money For Preferential Issue Of Capital

* INDIA GOVERNMENT INFUSED SHARE APPLICATION MONEY OF 27.29 BILLION RUPEES TOWARDS PREFERENTIAL ISSUE OF EQUITY CAPITAL OF CO IN FY 2017-18 Source text - http://bit.ly/2Ec8FZH Further company coverage:

BRIEF-IDBI Bank Divests 4.89 Pct Paid Up Capital Of Small Industries Development Bank Of India‍​

* SAYS SOLD FURTHER 4.89 PERCENT PAID UP CAPITAL OF SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA‍​ Source text: http://bit.ly/2pU2SEX Further company coverage:

BRIEF-IDBI Bank To Terminate All Rating Contracts With Moody's Investors Services

* SAYS TO TERMINATE ALL RATING CONTRACTS/ENGAGEMENTS WITH MOODY'S INVESTORS SERVICES FOR ISSUES MADE UNDER MTN BOND PROGRAMME Source text - http://bit.ly/2zxzwvn Further company coverage:

Fitch Places IDBI Bank's Viability Rating on Rating Watch Evolving

(The following statement was released by the rating agency) SINGAPORE/MUMBAI, December 14 (Fitch) Fitch Ratings has today placed IDBI Bank Ltd.'s Viability Rating (VR) of 'ccc' on Rating Watch Evolving. This rating action reflects the possibility that the VR may change following a review prompted by the release of an exposure draft for the agency's Bank Rating Criteria. The exposure draft published on 12 December 2017 introduces the use of '+' or '-' modifiers for the 'ccc' rating category. Howe

BRIEF-IDBI Bank Gives In-Principal Nod To Divest Shares Held By Co‍​ In NSE

* SAYS BOARD GRANTED IN-PRINCIPAL APPROVAL TO DIVEST 7.4 MILLION SHARES OF NATIONAL STOCK EXCHANGE OF INDIA HELD BY CO‍​ Source text - http://bit.ly/2k13bv3 Further company coverage:

UPDATE 1-India's IDBI Bank betting on bad loan recovery, asset sales for turnaround

* Targets 50 bln rupees from non-core asset sales in 2017/18 (Recasts with Deputy MD interview)

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