Page 2 Idbi Bank: Latest News and Updates, Top Stories, Videos, Photos About Idbi Bank

3 Bank Stocks That Declared Attractive Dividends In Last 2 Days, Do You Own Them?

3 leading bank stocks have declared attractive dividends in last few days for the financial year ended March 31, 2023. These stocks are IDBI Bank, RBL Bank, and Kotak Mahindra Bank. Check details pertaining to these stocks below: 1. IDBI ...

DCB Bank Vs IDBI Bank Vs City Union Bank: Who Offers High FD Interest Rates?

Since the Reserve Bank of India (RBI) began increasing the repo rate last year in May, the back-to-back increases in the repo rate encourages banks to hike the interest rates on Fixed Deposits (FDs). Several banks have recently increased their interest ...

5 Special FDs That Will Come To An End On March 31, 2023

Many banks introduced special fixed deposits for citizens in order to make FDs an attractive investment option. Recently, Reserve Bank of India hiked repo rate by 25 basis points to 6.50% on February 8, 2023.These banks are HDFC Bank, SBI, Indian ...

IDBI Bank Declares 60% Jump in Q3 Net Profit

IDBI Bank Ltd on January 23, 2023 declared a 60% surge in net profit to Rs 927 crore for the third quarter ended December 31, 2022. The Bank had posted a net profit of Rs 578 crore in the previous year ...

Financial Bids For IDBI Bank Expected, To Come In By September: DIPAM Secy

The government is expecting to get financial bids for IDBI Bank's strategic sale by September, DIPAM Secretary Tuhin Kanta Pandey said. Several global and domestic institutions have expressed interest in buying about 61 per cent of the government and Life Insurance ...

Sebi Permits Govt Stake In IDBI Bank, To Be Classified As 'Public' Post Divestment

IDBI Bank on Thursday said the Sebi has permitted the Union government to classify its stake in the bank as "public" after its stake sale on condition that its voting rights do not exceed 15 per cent of the total voting ...

Govt Extends Bid Submission Deadline, Till Jan 7 For IDBI Bank Sale

The government on Wednesday extended the deadline to submit preliminary bids for the IDBI Bank privatisation till January 7. The government and LIC together are looking to sell 60.72 per cent of IDBI Bank and had invited bids from potential buyers ...

Deadline To Submit Bids For IDBI Bank Privatisation, To Be Extended Till Early Jan

The deadline to submit preliminary bids for IDBI Bank privatisation is likely to be extended by almost a month till early January, a government official said on Friday. The government and LIC together are looking to sell a 60.72 per cent ...

IDBI Shares Gain 9% In Trade Today As Sensex Falls 1%

Shares of IDBI Bank jumped sharply in trade on Monday. The stock has gained 9.13% on October 10 at 46.60 as BSE Sensex fell 433 points or 0.74%. The stock has jumped sharply soon after government invited expression of interest for ...

IDBI Bank Privatisation: Govt, LIC, To Sell 60.72 Pc Stake, Invite Bids

The government on Friday invited bids for privatising IDBI Bank and said that it together with LIC will sell a total of 60.72 per cent stake in the financial institution. The Department of Investment and Public Asset Management (DIPAM), while inviting ...

IDBI Bank Launches Special FD For Limited Period, Interest Rate Up To 6.7%

Soon after several banks such as SBI, Karnataka Bank, Bank of Baroda launched special fixed deposits for citizens, now IDBI Bank has also introduced special fixed deposits scheme known as Amrit Mahotsav FD with a maturity tenure of 500-day for a ...

IDBI Bank Hikes Interest Rate On Term Deposit Up To 25 bps For These Tenors

On Tuesday, IDBI Bank, a private sector bank and a subsidiary of LIC, hiked the interest rate on term deposits under Rs 2 crore by up to 25 basis points. The revised rates for domestic term deposits, non-resident ordinary (NRO), and ...

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