Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stakeThe Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...
17 Oct, 2026, 10.13 AM IST
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
16 Oct, 2026, 08.13 AM IST
IRDAI eyes January 2028 beta launch of Public Insurance Registry: Chairman Ajay SethIRDAI is working on a Public Insurance Registry to enhance insurance data sharing among stakeholders. The beta version is scheduled for Jan...
15 Oct, 2026, 06.16 PM IST
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 ...
15 Oct, 2026, 08.55 AM IST
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
15 Oct, 2026, 05.30 AM IST
BlackRock, SBI MF lead Tonbo Imaging’s Rs 255 crore anchor round ahead of IPOTonbo Imaging raised Rs 255 crore from anchor investors ahead of its Rs 852 crore IPO, allotting shares at the upper price-band limit of Rs...
15 Oct, 2026, 01.16 AM IST
- Fairfax's IDBI deal premium justified by strategic fit, scale: Analysts
Analysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
15 Oct, 2026, 12.46 AM IST
BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
14 Oct, 2026, 10.48 PM IST
'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
14 Oct, 2026, 10.31 PM IST
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
14 Oct, 2026, 07.24 PM IST
Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCONIndian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, con...
13 Oct, 2026, 06.00 AM IST
IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
13 Oct, 2026, 12.18 AM IST
IPO Watch: Want to invest in Initial Public Offering? Know this factor before buying sharesIPO tracker: Australia's Nvidia-backed AI data centre operator Firmus withdrew its planned stock market listing on the bourse in October, c...
09 Oct, 2026, 06.34 PM IST
Global IPO market faces setback as high-profile listings are scrapped, delayed in 2026Several high-profile IPOs have been withdrawn, delayed or shelved in 2026 as market volatility and valuation concerns weigh on investor dem...
09 Oct, 2026, 01.18 PM IST
IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
09 Oct, 2026, 07.48 AM IST
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...
06 Oct, 2026, 04.23 PM IST
Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...
06 Oct, 2026, 02.27 PM IST