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IDBI.NS on National Stock Exchange of India

19 Oct 2018
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Rs0.15 (+0.25%)
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Fri, Oct 19 2018

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.

UPDATE 2-India's Bank of Baroda, IDBI post big Q4 losses as bad loans surge

* Bank of Baroda posts 31.02 bln rupee loss, IDBI's loss 56.63 bln

India's IDBI Bank posts Q4 loss of $835 mln

May 25 India's IDBI Bank Ltd reported a loss of 56.63 billion rupees ($834.82 million) for the fourth quarter, hurt by higher provisions for bad loans.

UPDATE 1-Indian police probe suspected $90 million loan fraud at IDBI Bank

* IDBI says one loan in probe became non-performing asset (Adds further details)

Indian police probe suspected $90 million loan fraud at IDBI

MUMBAI India's federal police agency said on Thursday it was investigating an alleged 6 billion rupee ($90 million) loan fraud at IDBI Bank , and former senior bank officials were among those being investigated.

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