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IDBI BANK LIC
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...01 May, 2026, 06.53 PM IST- 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 ...07 Apr, 2026, 05.14 PM IST
- LIC Nominee Director Raj Kumar ceases to be on IDBI Bank boardRaj Kumar, the LIC Nominee Director, completed his term at IDBI Bank. He ceased to be a board member on May 18, 2025. The government and Li...19 May, 2025, 12.55 PM IST
- LIC keen to keep part of its stake in IDBI Bank to reap benefit of bancassuranceState-owned LIC (Life Insurance Corporation), the promoter of IDBI Bank, plans to retain a portion of its stake in the bank to continue ben...27 Nov, 2023, 06.44 PM IST
- No timeline from govt for selling IDBI stake, says LIC chairmanLIC owns 49.2 per cent of the lender and the government and public own the remaining shareholdings in the bank which was on the verge of co...12 Aug, 2022, 10.06 PM IST
- FimMin may meet RBI on Thursday to discuss IDBI Bank strategic saleAs per ET NOW sources, FinMin is seeking certain relaxation from the RBI for the strategic sale. At present, there are limitations as to wh...13 Jul, 2022, 01.38 PM IST
- LIC could make IDBI Bank agent for LIC HousingLIC bought a 51 per cent stake in IDBI in January 2019, by purchasing 82.75 crore shares from the government.22 Feb, 2022, 05.57 AM IST
- LIC Housing or IDBI? Insurer has to exit one of its mortgage businessesLIC has said that the central bank's conditional approval for its stake purchase in IDBI Bank may lead to it having to stop mortgage busine...15 Feb, 2022, 06.53 AM IST
- What does LIC DRHP say about IDBI Bank?LIC infused Rs 4,743 crore into IDBI Bank using policyholders’ funds. IDBI Bank raised Rs 14,351.80 million on December 19, 2020 by way of ...13 Feb, 2022, 11.32 PM IST
- IDBI Bank jumps 6% as govt takes step towards strategic saleThe central government and LIC together own more than 94 per cent equity of IDBI Bank. LIC, currently having management control, has 49.24 ...23 Jun, 2021, 10.02 AM IST
- LIC Housing cracks 12% as reports suggest merger with IDBI Bank on fast trackLIC holds 51 per cent stake in IDBI Bank and 40.13 per cent in LIC Housing Finance.17 Feb, 2020, 03.42 PM IST
- RBI not in favour of changing IDBI Bank's nameThe board of IDBI Bank last month proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank.17 Mar, 2019, 03.29 PM IST
- LIC's open offer for IDBI Bank to begin from Dec 3The open offer, at Rs 61.73 per equity share, will close on December 14.11 Oct, 2018, 08.08 PM IST
- LIC makes open offer to buy 26% more in IDBI Bank for Rs 12,600 croreIDBI Bank board today also approved increasing authorised capital of the bank from Rs 8,000 crore to Rs 15,000 crore.05 Oct, 2018, 08.44 AM IST
- IDBI Bank approves issuance preference shares to LICAt present, insurance behemoth LIC holds 7.98 per cent stake in the public sector bank.31 Aug, 2018, 03.20 PM IST
- IDBI Bank’s plan to sell stake in Life JV may be dropped with LIC entryMax Life pulled out as the bank was unwilling to commit to an exclusive bancassurance partnership.04 Jul, 2018, 10.34 AM IST
- LIC’s move to take over IDBI Bank may require regulatory changesIf the government or LIC sends a proposal, the regulator’s norms would be tested.28 Jun, 2018, 07.59 AM IST
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