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IDBI BANK STRIKE TODAY
IDBI Bank strike on November 2 and 3, 2026: Bank advises customers to use digital channels; removes fee on non-IDBI ATM withdrawalsIDBI Bank strike today: IDBI Bank employees initiated a two-day strike on November 2 and 3, 2026, opposing the sale of the bank's majority ...
IDBI Bank employees' forum opposes Fairfax stake sale, seeks parliamentary reviewThe United Forum of IDBI Officers and Employees has opposed the planned sale of IDBI Bank's majority stake. They have requested an immediat...
"What's the hurry?": BRS questions IDBI Bank valuation, seeks answers from Centre over proposed saleK T Rama Rao raised concerns regarding the proposed sale of IDBI Bank to Fairfax Financial Holdings. He highlighted potential undervaluatio...
Saturday bank holiday: Are banks open or closed today on October 31, 2026?Indian banks observe closures on the second and fourth Saturdays of every month. Despite holidays, digital banking remains available for cu...
Sitharaman says NDA revived IDBI Bank after UPA-era bad loan crisisIn response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...
‘IDBI Bank was handed over to us in poor shape’: Sitharaman hits back at Rahul Gandhi amid sale rowNirmala Sitharaman responded to criticisms regarding the sale of IDBI Bank's majority stake. The bank was previously in poor condition and ...
“During Congress’s time, banks were created; in Modi era, they are being sold”: Rahul Gandhi targets govt over IDBI Bank saleRahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...
IDBI Bank sale row: Finance Ministry defends valuation process, says reserve price was not changedThe finance ministry has defended the valuation process used in the IDBI Bank stake sale, saying the methodology and bidding procedure were...
IDBI Bank employees' forum opposes majority stake sale to Fairfax, seeks parliamentary reviewUnited Forum of IDBI Officers and Employees has expressed opposition to the proposed sale of IDBI Bank. Concerns include potential underval...
Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Will oil fall further?Crude oil price : In light of recent diplomatic talks surrounding potential U.S. military engagements with Iran, oil prices have taken a di...
Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
Iran US war to escalate into major crisis ahead of US midterm elections 2026? Here's what Tehran, Donald Trump hintingUS midterm elections 2026 are set to be held in less than 10 days and there are apprehensions that war between Iran and the United States o...
Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla"We have already identified a cluster of 10 national highways, which will provide the underlying capital asset. So, the second public InvIT...
"Nothing to fear": Top bureaucrat says IDBI staff, pensioners' service conditions won't change after Fairfax dealThe DIPAM secretary's assurance comes as IDBI Bank employees oppose the government’s divestment plan and have called for a strike across th...
As IDBI Bank employees call for November 2 and 3 all-India strike, United Forum of Bank Unions extends supportThe United Forum of Bank Unions has rallied behind IDBI employees who are set to strike on November 2 and 3, voicing opposition to the gove...
Government plans to pare stakes in 4 PSU banks to 75%The Union government announced in the 2021-22 budget that, besides IDBI Bank, it would take up two public sector banks and one general insu...
Challenges ahead for Fairfax's management of IDBI Bank post ₹52,878 crore stake deal approvalFairfax Financial's subsidiary has acquired a 60.7% stake in IDBI Bank for ₹52,878 crore, leading to potential operational changes. The new...
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
IDBI Bank shares in focus as Q2 net profit falls 39%; NII tanks nearly 50% YoYIDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying pro...
IDBI Bank Q2 net profit slides 39% to 2,205 croreIDBI Bank witnessed a substantial 39% drop in net profit for the September quarter, primarily driven by decreased non-interest earnings. Th...