IDBI Bank shares crash 11% amid price concerns as Fairfax deal moves closerIDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling s...
08 Sep, 2026, 03.19 PM IST
Breather for creditors: New NCLT bench stays the approval of a repayment plan proposed by Subhash ChandraA special five-member NCLT bench stayed Subhash Chandra's repayment plan approval. The tribunal also restrained the Essel Group founder fro...
02 Sep, 2026, 05.30 AM IST
Subhash Chandra's dissenting lenders Canara Bank, Union Bank move NCLAT against NCLT orderDissenting lenders have challenged the NCLT order approving Subhash Chandra's personal insolvency plan. The Essel Group chairman's plan pro...
31 Aug, 2026, 07.42 PM IST
Group entities to reconcile, settle dues with lenders: Essel ChairmanSubhash Chandra, the chairman of Essel Group, reassured lenders regarding the reconciliation of outstanding dues from borrowers. He highlig...
31 Aug, 2026, 01.08 AM IST
Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Subhash Chandra's insolvency planDissenting lenders have alleged that five entities linked to Subhash Chandra’s family controlled 61.78% of voting rights and helped approve...
30 Aug, 2026, 04.24 PM IST
Bankers question role of RP in the Subhash Chandra case and how net worth was computedDissenting banks say unresolved pleas for a forensic audit and asset trailing to be conducted on Subhash Chandra's financials to probe how ...
29 Aug, 2026, 06.51 PM IST
Govt achieves 78 pc of FY27 divestment, asset monetisation Budget target in Apr-AugThe government has achieved about 78% of its ₹80,000-crore FY27 disinvestment and asset monetisation target within five months. It has rais...
28 Aug, 2026, 01.11 PM IST
LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...
08 Aug, 2026, 05.32 PM IST
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
07 Aug, 2026, 01.32 PM IST
Inside LIC’s Rs 16 lakh crore portfolio: Its biggest stock buys and sells in June quarterLife Insurance Corporation bought shares worth over Rs 16,000 crore in June. Bharti Airtel and Maruti Suzuki saw the largest buying from th...
05 Aug, 2026, 08.32 AM IST
IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...
15 Jul, 2026, 10.20 AM IST
IDBI Bank's renaming on radar ahead of divestmentPotential suitors for IDBI Bank's disinvestment face uncertainty regarding renaming the lender post-acquisition. The RBI previously rejecte...
22 Jan, 2026, 01.05 AM IST
RBI says no to IDBI Bank name change proposalThe board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank or LIC Bank follow...
20 Mar, 2019, 02.49 PM IST
RBI not in favour of changing IDBI Bank's nameThe board of IDBI Bank last month proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank.
17 Mar, 2019, 03.29 PM IST
IDBI may now become LIC IDBI Bank or LIC BankThe board has proposed LIC IDBI Bank Ltd as the first preference followed by LIC Bank Ltd.
04 Feb, 2019, 08.47 PM IST
LIC makes open offer to buy 26% more in IDBI Bank for Rs 12,600 croreIDBI Bank board today also approved increasing authorised capital of the bank from Rs 8,000 crore to Rs 15,000 crore.
05 Oct, 2018, 08.44 AM IST
Will LIC follow the corp bank model to pare stake in IDBI?LIC owned 27 per cent of Corporation Bank in 2002.
12 Jul, 2018, 11.42 AM IST