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IDBI ASSET MANAGEMENT
LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Central Bank to launch GIFT city branch next month: MDCentral Bank of India is set to launch its IFSC Banking Unit at GIFT City next month with an aim to expand its international banking operat...
Kotak’s asset quality gains drive robust Q4 show: Dnyanada VaidyaKotak Mahindra Bank delivered strong Q4 results with unexpected margin expansion and declining credit costs. While management anticipates f...
Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
Technophiles India hosts Dine with AlphaSec III in Mumbai, bringing together India’s cybersecurity leaders to address emerging digital risks
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
RBI nixes Muthoot Finance's plan to acquire IDBI Mutual FundMuthoot Finance had proposed to purchase 100 equity shares of IDBI AMC and IDBI MF Trustee Company held by the sellers for a total consider...
RBI rejects Muthoot Finance's proposal to acquire IDBI Asset Management CompanyIDBI Bank, which was planning to sell its mutual fund business for Rs 215 crore to comply with regulations, will now have to find a new buy...
RBI rejects Muthoot Finance's proposal to acquire IDBI AMCThe activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC,...
IDBI Bank approves raising rupee borrowing limit to Rs 15,000 croreThe bank also approved infusion of additional capital of over Rs 58 crore in its subsidiary IDBI Asset Management (IAML).
Exiting the market is not an option: Debasish Mallick, IDBI Asset ManagementWith the steep depreciation in the rupee, the tumbling markets, and both equity and debt doing badly, where should the investor put his mon...
IDBI Mutual Funds garners over Rs 120 crore from 'Gilt Fund'IDBI MF has an average assets under management of around Rs 5,412 crore by the end of Sept quarter.
- IDBI Mutual Fund to launch 3-4 new products this fiscal
IDBI Mutual Fund is planning to come up with three to four new products in both debt and equity space in the current financial year.
- IDBI Gold Exchange Traded Fund collects over Rs 110 crore in New Fund Offer
IDBI Gold Exchange Traded Fund has collected over Rs 110 crore, predominantly from around 11,000 retail investors, including HNIs.
- IDBI Mutual Fund proposes to launch long term debt products under the Gold Exchange Traded Fund
IDBI Mutual Fund, a subsidiary of IDBI Bank proposes to launch long term debt products under the Gold Exchange Traded Fund.
- IDBI Mutual Fund launches gold ETF
IDBI Mutual Fund, a wholly-owned subsidiary of IDBI Bank, said it has launched an open-ended gold exchange traded fund for retail investors.
- IDBI AMC launches NFO for IDBI Nifty Index Fund
IDBI Asset Management (IDBI AMC), a wholly-owned subsidiary of state run IDBI Bank, on Monday announced its first new fund offer (NFO) for ...