Showing results for "#IDBI Bank"
No govt, LIC veto post privatization of IDBI Bank
At Friday's closing price of Rs 44.30, IDBI Bank has valued at Rs 47,633 crore but the government is looking for at least a 30 percent markup in the...
IDBI Bank to sell property owned by Great Indian Tamasha Company
The dues of IDBI Bank that are outstanding stand at Rs 92.69 cr as on May 1, 2022. The land parcels being sold are in district Kodagu in Karnataka.
LIC wants to remain IDBI Bank shareholder for bancassurance gain
IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional 8,27,590,885 equity shares.
IDBI Bank's Q3FY22 net profit up 53 pc
IDBI Bank on Friday reported a rise of 53 per cent in its net profit for Q3FY22 on a year-on-year basis, at Rs 578 crore as against Rs 378 crore...
IDBI Bank strategic sale may take more than a year: Sources
Most of the merchant bankers who had submitted bids for facilitating strategic sale of LIC-controlled IDBI Bank indicated a time-frame of one year to...
IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks'...
The last date for submission of bids was July 13.KPMG placed the lowest bid of Re 1, and was selected as the transaction adviser, market sources said,...
IDBI Bank privatisation: Deloitte, KPMG in race for transaction...
Mumbai, Aug 8 (IANS) Deloitte Touche Tohmatsu India LLP, KPMG and five others are in the race for be the transaction advisor during the proposed...
IDBI Bank strategic sale: Govt invites bids from merchant bankers,...
The government on Tuesday invited bids from transaction advisors and legal firms for assisting in the strategic sale of IDBI Bank.