Edition:
India

IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

39.70INR
4 Dec 2020
Change (% chg)

Rs0.55 (+1.40%)
Prev Close
Rs39.15
Open
Rs39.30
Day's High
Rs40.30
Day's Low
Rs39.00
Volume
3,886,551
Avg. Vol
2,205,970
52-wk High
Rs56.20
52-wk Low
Rs17.25

Latest Key Developments (Source: Significant Developments)

IDBI Bank To Consider Raising Of Funds Through Issue Of Shares
Monday, 26 Oct 2020 

Oct 26 (Reuters) - IDBI Bank Ltd ::IDBI BANK - TO CONSIDER, APPROVE RAISING OF FUNDS THROUGH ISSUE OF EQUITY SHARES.  Full Article

India's IDBI Bank Reports Sept-Qtr Net Profit Of 3.24 Bln Rupees
Friday, 23 Oct 2020 

Oct 23 (Reuters) - IDBI Bank Ltd ::SEPT-QUARTER NET PROFIT 3.24 BILLION RUPEES VERSUS LOSS OF 34.59 BILLION RUPEES YEAR AGO.SEPT-QUARTER INTEREST EARNED 46.89 BILLION RUPEES VERSUS 51.98 BILLION RUPEES YEAR AGO.SEPT-QUARTER PROVISIONS AND CONTINGENCIES 5.81 BILLION RUPEES VERSUS 56.41 BILLION YEAR AGO.SEPT-QUARTER GROSS NPA 25.08% VERSUS 26.81% PREV QUARTER.SEPT-QUARTER NET NPA 2.67% VERSUS 3.55% PREV QUARTER.BANK'S CAPITAL AND LIQUIDITY POSITION IS STRONG.PROVISION COVERAGE RATIO 95.96% AS ON SEPT 30, 2020.  Full Article

IDBI Bank Says Sold Remaining 1 Mln Shares Of National Stock Exchange Of India
Tuesday, 8 Sep 2020 

Sept 8 (Reuters) - IDBI Bank Ltd ::SOLD REMAINING 1 MILLION SHARES OF PAID UP CAPITAL OF NATIONAL STOCK EXCHANGE OF INDIA.  Full Article

IDBI Bank Says Approved Appointment Of Suresh Kishinchand Khatanhar As Deputy Managing Director
Wednesday, 15 Jan 2020 

Jan 15 (Reuters) - IDBI Bank Ltd ::IDBI BANK LTD SAYS APPROVED APPOINTMENT OF SHRI SURESH KISHINCHAND KHATANHAR AS DEPUTY MANAGING DIRECTOR.  Full Article

IDBI Bank Names Samuel Joseph Jebaraj As Deputy Managing Director
Thursday, 19 Sep 2019 

Sept 19 (Reuters) - IDBI Bank Ltd ::APPOINTS SAMUEL JOSEPH JEBARAJ AS DEPUTY MANAGING DIRECTOR -STATEMENT.  Full Article

S&P Places IDBI Bank's 'BB/B' Ratings On Creditwatch Negative After Capital Breach
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - S&P::IDBI BANK LTD 'BB/B' RATINGS PLACED ON CREDITWATCH NEGATIVE AFTER CAPITAL BREACH.IDBI IS IN BREACH OF ITS REGULATORY CAPITAL REQUIREMENTS AFTER A SUBSTANTIAL LOSS IN FIRST QUARTER OF FISCAL 2020.BELIEVE BREACH IS TEMPORARY AND A CAPITAL INFUSION BY LIC AND THE INDIAN GOVERNMENT COULD HELP IDBI TO REPLENISH CAPITAL.  Full Article

IDBI Bank Enters Standalone Health Insurance Tie-Up With Max Bupa
Monday, 10 Jun 2019 

June 10 (Reuters) - IDBI Bank Ltd ::ENTERS INTO STANDALONE HEALTH INSURANCE TIE-UP WITH MAX BUPA.  Full Article

India's IDBI Bank March Qtr Net Loss Narrows
Thursday, 30 May 2019 

May 30 (Reuters) - IDBI Bank Ltd ::MARCH QUARTER NET LOSS 49.18 BILLION RUPEES VERSUS LOSS OF 56.63 BILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST EARNED 54.63 BILLION RUPEES VERSUS 52.14 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 27.47 PERCENT VERSUS 29.67 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 10.11 PERCENT VERSUS 14.01 PERCENT PREVIOUS QUARTER.MARCH QUARTER PROVISIONS AND CONTINGENCIES 85.33 BILLION RUPEES VERSUS 105.46 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS FOR NPAS 72.33 BILLION RUPEES VERSUS 107.73 BILLION RUPEES YEAR AGO.SAYS DIVERGENCE IN PROVISIONING AS ON MARCH 31, 2018 WAS 40.30 BILLION RUPEES.IDBI BANK-ADJUSTED (NOTIONAL)NET LOSS AFTER TAX FOR YEAR ENDED MARCH 31 2018 AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING WAS 122.68 BILLION RUPEES.IDBI BANK LTD - PROVISION COVERAGE RATIO (INCLUDING TECHNICAL WRITE-OFFS) IS 82.88 % AS ON MARCH 31, 2019.IDBI BANK LTD - NET INTEREST MARGIN IMPROVED TO 2.26% FOR Q4-2019 AS COMPARED TO 1.19% FOR Q4-2018.  Full Article

IDBI Bank Approves Rupee Bond Borrowing Limit Of 40 Bln Rupees
Tuesday, 19 Mar 2019 

March 19 (Reuters) - IDBI Bank Ltd ::APPROVED RUPEE BOND BORROWING LIMIT OF 40 BILLION RUPEES DURING FY 2019-20.BORROWING TO BE IN ONE OR MORE TRANCHES COMPRISING OF BASEL III COMPLIANT TIER II BONDS AND SENIOR BONDS VIA PRIVATE PLACEMENT.  Full Article

IDBI Bank Approves Appointment Of Rakesh Sharma As Additional Director, MD & CEO For 3 Years
Tuesday, 19 Mar 2019 

March 19 (Reuters) - IDBI Bank Ltd ::APPROVES APPOINTMENT OF RAKESH SHARMA AS ADDITIONAL DIRECTOR AND MD & CEO FOR A PERIOD OF 3 YEARS.  Full Article

MEDIA-India's IDBI Bank plans to raise 60 bln rupees via share placement - ET

- Note: Reuters has not verified this story and does not vouch for its accuracy