The Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...

The Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...

The sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...

Fairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...

The Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...

The Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...

Key discussions focused on MSME growth, investment opportunities in Maharashtra, and innovative strategies for scaling businesses. Entrepre...

NSE’s IPO is set to raise around Rs 22,662 crore, with the latest grey market premium at 11–12% after the exchange fixed its price band. Th...

NSE has reduced its IPO offer for sale to 12.64 crore shares from 14.89 crore shares, with eight shareholders cutting their proposed stake ...

Retail investors have been allocated 35% of the issue, while 50% has been reserved for eligible institutional bidders (QIBs). The remaining...

"This is of vital importance to retirees in their twilight years. The potential buyers / investors should be made aware that pension and th...

Taking into consideration the fact that the bank has been consecutively posting healthy operating profits, burgeoning provisioning to NPAs ...

Noting that the wage revision was already settled in other banks, he said, the negotiation talks were underway for next wage revision due f...

Recalling wage revision settlement to the banking sector which concluded in May 2015, Venkatachalam said in his letter that the settlement ...

Employees were quite vocal in their protests at town hall meetings across the country that were attended by IDBI Bank MD K P Kharat and oth...

"Despite all sorts of threats by the management and coercive measures, nearly 90% of the officers and employees of the bank participated in...

Most of the 6,000-odd comments posted on the bank’s internal website blamed CEO Kishor Kharat for the proposed "privatization".