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IDBI BANK NPA RATIO
Cyberattacks affect 20 financial institutions; CERT-In warns on API vulnerabilities and security measuresAround 20 financial institutions were affected by cyberattacks earlier this month, with hackers allegedly exploiting stolen partner-bank cr...- Fairfax's IDBI deal premium justified by strategic fit, scale: AnalystsAnalysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
- Fairfax offers plan to resolve IDBI-CSB ownership overlappingA merger of the two lenders is emerging as the most likely option, potentially allowing the Canadian investor to consolidate its banking in...
- Early Diwali dhamaka: With the IDBI strategic sale to Fairfax, GoI has taken a giant step in the disinvestment pathwayIDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...
- IDBI, poster boy for more privatisationIDBI Bank has been sold to Fairfax, resulting in a significant shift from government control to private ownership. This sale follows a long...
- 'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
- Ahead of Market: 10 things that will decide stock market action on ThursdaySensex and Nifty ended lower on Wednesday as investors booked profits after the previous session’s rally, with caution ahead of US inflatio...
- Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
- Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
- Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
- Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- IDBI Bank-Fairfax deal: Government to retain 15% stake, LIC to hold 19%The government will retain a 15% equity stake in IDBI Bank and Life Insurance Corporation will hold 19%. Both the government and LIC will w...
- AI could free up 40% of banks' middle and back-office capacity by 2030: BCG ReportThe integration of artificial intelligence is set to drastically reshape the workforce in the banking industry's middle- and back-office se...
- Canara Bank Q2 Results: Standalone net profit rises 8% YoY to Rs 5,175 crore, NII jumps 20%Canara Bank has announced a standalone net profit of approximately Rs 5,175 crore for the second quarter of FY27, reflecting a growth of ov...
- IDBI Bank shares rally 13%, market value swells by Rs 11,460 crore amid muted market. What lies ahead?IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...
- Hardening bond yields to weigh on bank profits in September quarterFor the September quarter, Nifty 50 banks are forecasted to see an 11.5% rise in net interest income, yet net profits are expected to grow ...
- ET Business Growth Summit in Mumbai showcases ideas and innovations driving business growthKey discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategies for scaling businesses. Entrepre...
- PC Jeweller shares jump 5% to fresh 52-week high, market value swells by Rs 2,500 crore in 4 sessionsPC Jeweller shares hit a fresh 52-week high, extending a four-session rally to 20%. The stock has gained 64% in 2026 so far, supported by r...
- RBI to sell $2.6 billion of bonds, tighten bank reserve need to squeeze cashThe Reserve Bank of India is set to initiate bond sales to better regulate liquidity within the banking system. As of October 16, banks wil...
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