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IDBI Bank looks to divest stake in Asset Reconstruction Co.
IDBI Bank intends to sell 6,23,23,800 equity shares, constituting approximately 19.18% of the total equity share capital of Asset Reconstruction Co.
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LIC launches pilot project with RuPay prepaid card
Once the pilot project is complete India’s largest insurer is likely to enter the card business.
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IDBI Bank secures $239 million debt judgment in UK High Court
IDBI Bank has secured a $239 million judgment in the commercial division of the High Court of London against a Cypriot subsidiary of India-based Essar
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IDBI Bank launches digital loan processing system for MSME, agri borrowers
These features of the fully digitized and automated loan processing system are further aimed at providing a superior tech-enabled banking experience t
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AIBEA opposes govt decision to privatise IDBI Bank
All India Bank Employees' Association said the government should control a minimum of 51% share capital of the bank
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Cabinet clears strategic disinvestment, transfer of management control in IDBI Bank
The extent of respective shareholding to be divested by the central government and LIC shall be decided at the time of structuring of transaction in c
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IDBI Bank back in black in FY21 after five years, posts profit of Rs 1,359 crore
IDBI Bank's total income during Q4FY21 rose to Rs 6,969.59 crore from Rs 6,924.94 crore in the same period of 2019-20
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Finance Ministry to infuse Rs 14,500 crore in banks under PCA soon
Indian Overseas Bank, Central Bank of India and UCO Bank are currently under this framework that puts several restrictions on them
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IDBI Bank shares zoom nearly 18% after removal from RBI’s PCA framework
RBI had placed IDBI Bank under PCA framework in May 2017, after it had breached the thresholds for capital adequacy, asset quality (net NPAs was over
