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IDBI BANK RESTRUCTURING
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...
Asset Reconstruction Company shares list flat at Rs 139 on BSE, NSEOn Thursday, shares of Asset Reconstruction Company India Ltd. debuted with little movement following a notable initial public offering val...
IDBI's unlisted share sales not a public issue: SebiSebi has clarified that IDBI Bank can sell unlisted shares privately. These transactions will not be considered public issues by the regula...
IDBI Bank seeks ROC help over nominee director dispute with NTADCLIDBI Bank has raised governance concerns over the exclusion of nominee directors from board meetings of New Tirupur Area Development Corpor...
IDBI Bank seeks RoC help over board tussle with NTADCLNTADCL had faced financial challenges that led to the restructuring of debt totalling ₹575.34 crore in 2011. As part of the corporate debt ...
IDBI Bank to continue as 'Indian private sector bank' post strategic saleThe government and LIC together hold 94.72 per cent stake in IDBI Bank. The successful bidder would be required to make an open offer for a...
Govt goes back to plans for restructuring of IDBI BankSources said that the government has once again started looking at all options related to IDBI Bank, although they did not indicate a time ...
Moody's downgrades IDBI; bank says govt support continuesThe rating actions reflect the significant deterioration in IDBI's financial profile.
Downgrade shock for banks as agencies cut ratingsWhile rising bad debts have prompted fears of further downgrades, S&P's move is - for now - limited to IDBI.
- IDBI net profit dips 28% in Q4
In fourth quarter provisions for restructured and bad loans in fourth quarter rose 200% to Rs 869 crore from Rs 283 crore a year ago.
- Bankers meeting today to end misuse of debt restructurings
The meeting is "to redefine the acceptable parameters for restructuring of borrowers' debts under corporate debt restructuring (CDR)", a no...
- IDBI asks KF to pay back Rs 900 cr
IDBI Bank has recalled a Rs 750-crore loan advanced to Kingfisher Airlines, after the company failed to stick to its repayment schedule.
- RGPPL loan recast to help banks cut NPAs
The lenders to Ratnagiri Gas and Power to prune their bad loan ratio following the restructuring of the account.
- Bellary Steels taps IDBI for CDR
Bellary Steels and Alloys has applied to IDBI to be considered for corporate debt restructuring (CDR).
- 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.
- Govt revives proposal to merge IFCI, IDBI & IIBI
The government seems to be reviving the old proposal of a mega merger between leading financial institutions. Minister of state for finance...