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IDBI BANK NEWS
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 ...- "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...
- “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...
- School assembly news headlines for October 20: Top national, international, sports and business updatesOctober 20 (Google Trends): School assembly news headlines for October 20, 2026, cover major national, international, sports and business d...
- Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
- 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...
- India is now biggest country exposure for Fairfax, we have zero bets on AI: Prem WatsaCanadian billionaire Prem Watsa's bet on IDBI Bank is backed by faith in the Indian economy, he told Mohit Bhalla and Sruthijith KK in a ph...
- IDBI Bank shares fall 7% as investors book profit after Fairfax deal gets cabinet nodIDBI Bank shares plunged as investors booked profits after a nearly 13% rally in the previous session following the Cabinet’s approval of F...
- A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe 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 ...
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...
- Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNLIndian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 poin...
- PC Jeweller shares rise 4% as firm becomes debt-free; stock rallies 89% in 6 monthsPC Jeweller has become debt-free after clearing dues to all 14 consortium banks ahead of schedule, strengthening its balance sheet. The sto...
- Jaypee Infratech to invests Rs 3,000 crore in next 2 yrs to complete stalled projectsJaypee Infratech will invest Rs 3,000 crore over two years to complete stalled housing projects. All stuck homebuyers will receive their ap...
- IIFL Finance dismisses reports on Fairfax planning company exit to fund IDBI Bank dealIIFL Finance denied reports of Fairfax exiting the company. These reports suggested a stake sale to fund an IDBI Bank acquisition. Blacksto...
- PC Jeweller shares fall 5% after sharp 3-day rally; stock up 388% in 3 yearsPC Jeweller shares retreated after a 37% three-session rally, likely due to profit booking. Despite the decline, the stock remains up 31% i...
- Fairfax to exit IIFL Finance before likely IDBI Bank deal; Blackstone emerges as suitorFairfax Financial Holdings is considering selling its IIFL Finance stake. This move supports its planned acquisition of IDBI Bank Ltd. The ...
- India’s budget math brightens with asset sales target in sightIndia's fiscal position has improved significantly from earlier concerns. The government is set to exceed its asset sale target for the fir...
- IDBI Bank shares rise 7% after RBI submits 'Fit & Proper' reportIDBI Bank's shares surged 7% to Rs 94 on BSE after RBI approved 'fit and proper' bidders ahead of Union Budget 2024. The bank, earmarked fo...
- IDBI Bank expects loan book to grow by 10% in FY22"I am expecting an overall growth of 10%. Our liquidity and capital position is quite comfortable," says IDBI Bank's MD and CEO Rakesh Shar...
- IDBI Bank gets shareholders' nod to raise Rs 10,000 croreIDBI Bank said among the resolutions passed at the AGM were the issue of shares aggregating up to Rs 5,000 crore through various modes of i...
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