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IDBI BANK EOI
Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...- Asset valuer appointed for IDBI Bank; govt deliberating on share purchase pact: DIPAM secretaryThe Indian government has appointed asset valuers for the valuation of IDBI Bank and is deliberating on a share purchase agreement with a p...
- IDBI Bank privatisation: Security clearances in place, RBI's nod expected soonThe Indian government and LIC are selling a nearly 61% stake in IDBI Bank, including a 30.48% stake of the Government of India and 30.24% o...
- Govt to complete IDBI Bank strategic sale in FY'25: DIPAM SecretaryIn an interview to PTI TV, the Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the process o...
- IDBI sale: Fairfax sought waiver on security checkThe company had said if it were to participate in the bid process, the final composition of the bidding consortium would be different, and ...
- Govt extends timeline to submit EoI for IDBI Bank stake by 3 weeksThe last date to submit bids is now January 7 against previously fixed December 16.
- IDBI Bank, Concor divestment likely to take longer: OfficialsThe EoIs for railways’ PSU Concor may be pushed to January as more clarity is required from the ministry of railways and the inter-minister...
- IDBI Bank will continue primary dealer business even if foreign bank acquires majority stake: Finance MinistryIDBI Bank would continue its primary dealer business even if a foreign bank acquires majority stake and management control in the private s...
- No PSU norms for IDBI Bank after stake sale, clarifies govtIn October, the government had invited expressions of interest (EoI) for a stake sale, along with the transfer of management control in IDB...
- Shriram Group likely to submit EoI for IDBI BankWhile talks to form a consortium with financial investors are also underway, Shriram has not reached a mutually acceptable commercial arran...
- IDBI Bank zooms 11% as government invites bids for strategic disinvestmentAccording to the conditions of the EoI, private sector banks, non-banking finance companies (NBFCs), foreign banks and even alternative inv...
- EoI for IDBI Bank stake sale likely next monthThe Cabinet Committee on Economic Affairs had given in-principle approval for strategic disinvestment and transfer of management control in...
- EoI for IDBI Bank stake sale likely next monthSince IDBI Bank would be first of its kind with regard to privatisation in the banking sector, we are expecting a lot of investor queries t...
- Govt likely to include corporate houses in IDBI privatisation processThe government is yet to discuss several issues concerning the potential buyers and is working on it. The framework being created by the go...
- Govt holding roadshows for IDBI Bank privatisation to assess investor interestThe government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of S...
- Govt plans to float EoI for its stake sale in IDBI Bank next monthThe government may look to sell around a 26 per cent stake in the bank, along with management control to attract investors, the official sa...
- Release funds for interim finance, NCLT tells Jet Airways’ lendersThe National Company Law Tribunal (NCLT) also directed Indian Overseas Bank, which filed applications at the tribunal for exemption from pa...
- Vedanta submits initial EoI for Jaypee InfratechThe statement comes amid reports that Vedanta is among the few players who have shown interest in buying Jaypee Infratech in full or in par...
- IDBI Bank's NSE stake sale in next fiscal onlyThe public sector lender held nearly 23 lakh shares of the National Stock Exchange (NSE) representing 5 per cent stake in the bourse.
- IDBI Bank to sell 5 per cent stake in National Stock ExchangeIDBI Bank will sell its entire 5 per cent stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector l...
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