In response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank than...

In September, public sector banks cut their interest rates on fresh term deposits by 10 basis points. Private sector banks only reduced the...

The Nigeria-focused firm sold 16 million American depositary shares at $19 apiece in the IPO, compared with its targeted range of $19 to $2...

Rahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...

The finance ministry has defended the valuation process used in the IDBI Bank stake sale, saying the methodology and bidding procedure were...

Geopolitical risks and supply-chain disruptions are major barriers to private sector capital expenditure growth. A survey indicates that ba...

Credit growth is projected to ease to 15-16% for FY27, impacted by hardening policy rates. Fresh slippages for public sector banks are esti...

Shaktikanta Das highlighted the essential role of the BFSI sector in financing infrastructure and new manufacturing. He emphasized the need...

Public sector banks are experiencing stronger net interest margin growth compared to their private counterparts this quarter. Despite facin...

September quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with...

RBI imposes strict regulations on banks to ensure transparency for depositors and investors. However, listed banks often fail to provide ti...

Emerging sectors like AI, semiconductors, and defence are attracting significant investments while bank lending is limited. The financing p...

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...

The Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...

IDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...

The Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...

The Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...