New Delhi, April 7 The government may seek revised financial bids from two potential buyers of IDBI Bank, as their original bid amounts were lower than the reserve price fixed for the strategic sale of the lender, sources said."The strategic sale of IDBI Bank is in the technical evaluation...
New Delhi, April 4 IDBI Bank, controlled by LIC, reported a 16 per cent increase in loan growth to ₹2.53 lakh crore for the quarter ended March 2025 on Saturday.The bank's total advances stood at ₹2.18 lakh crore as of March 31, 2025, IDBI Bank said in a regulatory filing.The lender reported...
New Delhi, March 22 The government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the unsuccessful attempt to divest stake in the LIC-controlled lender, sources said.Currently, the public float in IDBI Bank is only 5.29...
bank privatization
dipam
emirates nbd bank
fairfax india
financial bids
government of india
idbibank
india
investment
life insurance corporation of india (lic)
offer-for-sale (ofs)
public shareholding
reserve bank of india
strategic disinvestment
valuation
New Delhi, March 13 The strategic sale of IDBI Bank is likely to have been scrapped as the financial bids submitted by potential buyers were below the reserve price, sources said on Friday.The government and LIC were jointly looking to sell 60.72 per cent in IDBI Bank and had floated an...
banking sector
cabinet secretary
disinvestment
emirates nbd
fairfax
financial bids
financial institutions
government of india
idbibank
inter-ministerial group (img)
life insurance corporation of india (lic)
private sector banks
reserve price
stake sale
strategic sale
New Delhi, March 9 – The National Highways Authority of India (NHAI)-sponsored Raajmarg Infra Investment Trust (RIIT) announced on Monday that the initial portion of its upcoming IPO will be allocated exclusively to domestic investors.The anchor book will open for subscriptions on March 10...
anchor investors
axis bank
bajaj finserv ventures ltd
domestic investors
hdfc bank
icici bankidbibank
indusind bank
infrastructure investment trust
initial public offering
investment management
invit
nabfid
national highways authority of india
public offering
punjab national bank
road infrastructure
state bank of india
toll roads
Mumbai, February 24 The RBI's Master Directions aim to identify fraudulent borrowers and unscrupulous individuals for timely action, and any violation of these directions is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to...
account classification
anil ambani
bank of baroda
banking policy
bdo india llp
financial investigations
forensic audit
fraud detection
idbibank
indian overseas bank
master directions
public sector banks
regulatory compliance
reliance communications ltd
reserve bank of india
Mumbai, February 23 In a setback for industrialist Anil Ambani, the Bombay High Court on Monday overturned a single-judge's interim order that had stayed proceedings initiated against him and Reliance Communications Ltd for classifying their bank accounts as fraudulent.A division bench of...
account classification
accounting consultants
anil ambani
appeal
bank fraud
bank of baroda
bdo india llp
bombay high court
forensic audit
idbibank
indian overseas bank
interim order
legal dispute
rbi guidelines
reliance communications