India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
09 Jun, 2026, 08.44 PM IST
IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
29 May, 2026, 06.05 AM IST
10 lowest floating vs fixed home loan interest rates: PNB, ICICI Bank, Bank of Baroda and moreHome loan interest rates: Choosing a home loan involves comparing floating and fixed interest rates. Floating rates can decrease but also i...
27 May, 2026, 05.28 PM IST
PSU closure: Govt sets in motion new move after years wasted in stop-start processThe Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...
25 May, 2026, 03.27 PM IST
Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financingBank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...
06 May, 2026, 12.32 AM IST
Assets monetisation in focus to bridge potential selloff gapAmid market volatility linked to the Iran conflict and delays in the IDBI Bank sale, the government plans to accelerate asset monetisation ...
15 Apr, 2026, 12.25 AM 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
IDBI Bank shares rise 7% after RBI submits 'Fit & Proper' reportIDBI Bank's shares surged 7% to Rs 94 on BSE after RBI approved 'fit and proper' bidders ahead of Union Budget 2024. The bank, earmarked fo...
18 Jul, 2024, 11.32 AM IST
India invites bids for asset valuer for IDBI BankThe Indian government has initiated the process of selling a majority stake in IDBI Bank by inviting bids for an asset valuer. The chosen v...
01 Sep, 2023, 07.59 PM IST
RBI sets stage for government, LIC stake sale in IDBI BankThe banking regulator has also decided to accept the request from the department of investment and public asset management (DIPAM) for unde...
01 Sep, 2022, 08.13 AM IST
India said to weigh selling at least 51% of $5 billion IDBI BankOfficials in the government and the state-backed Life Insurance Corp. of India, which together own about 94% of IDBI Bank’s shares, are in ...
24 Aug, 2022, 01.11 PM 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
RBI at loggerheads with its own entities like IDBI, UTIIn the 1970s, for instance, tension developed between the central bank, these institutions and the government, notes one of the volumes of ...
18 Jun, 2014, 02.28 AM IST
- Slice of history: How IDBI came to be in 1960s
In the early 60s, when India was still battling to tackle the current account deficit and the negative industrial growth, the Reserve Bank ...
08 Apr, 2011, 02.36 AM IST
- UWB, IDBI merger cleared
Finally, some good news for depositors of United Western Bank (UWB) and small businessmen doing business with the failed private bank, whic...
01 Oct, 2006, 12.19 AM IST
- RBI for UWB's amalgamation with IDBI
For the first time, shareholders of a failed bank, will get a premium for selling their stake.
13 Sep, 2006, 01.43 AM IST
- IDBI well-placed to absorb UWB liabilities
After days of suspense, there is finally a good news for the UWB shareholders. The scheme is a master stroke by RBI.
13 Sep, 2006, 12.57 AM IST