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IDBI.NS on National Stock Exchange of India

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Wed, Nov 14 2018

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.

India's Yes Bank falls after RBI again says no to CEO's term extension

Oct 19 Shares in Yes Bank Ltd tanked more than 8 percent on Friday after the Reserve Bank of India (RBI) denied its request for a second time on Wednesday to extend Chief Executive Rana Kapoor's term.

UPDATE 1-India's IDBI Bank posts 7th quarterly loss as bad loans rise

Aug 14 Indian state-run lender IDBI Bank Ltd posted a seventh straight quarterly loss on Tuesday, sending its shares lower, as the bank continues to be plagued by the highest bad loan ratio in the sector.

India's IDBI Bank reports 7th straight qtrly loss

Aug 14 IDBI Bank Ltd posted its seventh straight quarterly loss on Tuesday as mounting bad loans continued to weigh on the state-run lender.

Indian cabinet approves planned takeover of IDBI Bank by LIC

NEW DELHI, Aug 1 India's federal cabinet on Wednesday approved a planned takeover of state-run IDBI Bank by state-run Life Insurance Corp through sale of new shares in the lender, Finance Minister Piyush Goyal said.

UPDATE 1-Indian state insurer LIC to take majority stake in IDBI Bank

NEW DELHI, July 16 State-run Life Insurance Corp of India's (LIC's) board on Monday approved a proposal to acquire a 51 percent stake in IDBI Bank, in a move that will provide the embattled lender much-needed capital to set aside for bad loans.

India's LIC board okays raising stake in IDBI Bank- govt official

NEW DELHI, July 16 State-run Life Insurance Corp of India's board has approved raising its stake in state-run IDBI Bank to 51 percent, Economic Affairs Secretary Subhash Chandra Garg told reporters on Monday.

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