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IDBI BANK ACT
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities advanced for a fourth straight session as easing geopolitical tensions, lower crude oil prices, softer bond yields and a st...- LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...
- SC turns down Anil Ambani plea against 'fraud' tagThe Supreme Court has rejected Anil Ambani's appeal. He challenged banks classifying his loan accounts as fraudulent. The court found no gr...
- As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
- Sadbhav Lenders turn down NARCL offer, settle it out of courtSadbhav Engineering lenders have chosen an out-of-court debt restructuring. This decision bypasses an offer from NARCL. A consortium-led pl...
- Competition Commission clears LIC Mutual Fund-IDBI Mutual Fund dealDeals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.
- Govt proposes changes in Banking Regulation Act, other laws to enhance investors' protectionTo facilitate certain strategic disinvestments, it is proposed to allow carry forward of accumulated losses and unabsorbed depreciation all...
- Govt likely to invite preliminary bids for IDBI Bank privatisation next month: OfficialWe may need one more round of discussion with RBI on IDBI strategic sale. The expression of interest (EoI) may be invited by July-end," the...
- IDBI Bank privatisation process on; decision on quantum of dilution after roadshow: DIPAM SecyThe Cabinet Committee on Economic Affairs had given in-principle approval for strategic disinvestment and transfer of management control in...
- Govt plans to float EoI for its stake sale in IDBI Bank next monthThe government may look to sell around a 26 per cent stake in the bank, along with management control to attract investors, the official sa...
- No proposal of stake sale to L&T Finance: IDBIThe recent valuation of its real estate was done as per the regulatory requirement but nothing to do with the stake sale, he said.
- IDBI Bank strategic stake sale unlikely this fiscalGovernment is unlikely to go for a strategic stake sale of state-owned IDBI Bank during the current fiscal due to some procedural issues.
- IDBI Bank staff on strike against government privatisation planOver 30,000 employees are on a one-day strike to protest government's plans to privatise the lender by creating a Axis Bank-like structure ...
- IDBI Bank-led consortium raises $ 1.1 bn for Air IndiaIDBI Bank-led consortium of lenders, have raised $ 1.1 bn loan for national carrier Air India to purchase aircraft, a top IDBI Bank officia...
- Govt to present bill for IDBI Bank transformationThe government is likely to move a bill in the current session of the Parliament for transformation of Industrial Development Bank of India...
- Panel to meet Jalan today on IDBI conversion planThe Parliamentary standing committee on finance will meet the Reserve Bank of India governor Bimal Jalan on Monday in arriving at a final d...
- Panel to discuss IDBI Act on MondayTHE standing committee on finance has called the senior officials of the Reserve Bank of India and finance ministry to discuss the amendmen...
- Ordinance to repeal IDBI ActIn a bid to speed up IDBI's transformation into a universal bank, the Government is likely to bring in an ordinance to repeal the IDBI Act ...
- Govt to speed up changes in IDBI ActFINANCE minister Yashwant Sinha hinted at a major restructuring of Industrial Development Bank of India, including its transition to a ‘uni...
- Govt to expedite changes in IDBI Act: SinhaFINANCE minister Yashwant Sinha hinted at a major restructuring of Industrial Development Bank of India, including its transition to a 'uni...
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