Edition:
India

IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

43.30INR
18 Apr 2019
Change (% chg)

Rs-0.65 (-1.48%)
Prev Close
Rs43.95
Open
Rs44.00
Day's High
Rs44.15
Day's Low
Rs43.15
Volume
3,123,982
Avg. Vol
7,241,148
52-wk High
Rs71.85
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Rs41.30

Latest Key Developments (Source: Significant Developments)

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

IDBI Bank Says ICRA Changed Outlook To 'Negative' On Co's Upper Tier II Bonds Programme, Basel II Compliant Perpetual Bond
Thursday, 14 Mar 2019 

March 14 (Reuters) - IDBI Bank Ltd ::IDBI BANK SAYS ICRA CHANGED OUTLOOK TO 'NEGATIVE' ON CO'S UPPER TIER II BONDS PROGRAMME AND BASEL II COMPLIANT PERPETUAL BOND.SAYS OUTLOOK ON INSTRUMENTS CHANGED FROM 'RATING WATCH WITH DEVELOPING IMPLICATIONS' TO 'NEGATIVE.  Full Article

IDBI Bank Says Slippages In Dec Quarter Were 22.11 Bln Rupees
Monday, 4 Feb 2019 

Feb 4 (Reuters) - IDBI Bank Ltd ::SAYS SLIPPAGES DURING THE QUARTER WERE 22.11 BILLION RUPEES.SAYS NET INTEREST MARGIN (NIM) STOOD AT 1.88 PERCENT FOR DEC QUARTER.  Full Article

India's IDBI Bank Dec Qtr Loss Widens
Monday, 4 Feb 2019 

Feb 4 (Reuters) - IDBI Bank Ltd ::DEC QUARTER NET LOSS 41.85 BILLION RUPEES VERSUS LOSS OF 15.24 BILLION RUPEES YEAR AGO.DEC QUARTER INTEREST EARNED 54.93 BILLION RUPEES VERSUS 57.97 BILLION RUPEES YEAR AGO.DEC QUARTER PROVISIONS AND CONTINGENCIES 65.31 BILLION RUPEES VERSUS 46.59 BILLION RUPEES YEAR AGO.DEC QUARTER PROVISIONS FOR NPAS 50.75 BILLION RUPEES VERSUS 36.37 BILLION RUPEES YEAR AGO.DEC QUARTER GROSS NPA 29.67 PERCENT VERSUS 31.78 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 14.01 PERCENT VERSUS 17.30 PERCENT PREVIOUS QUARTER.IDBI BANK - IN RESPECT OF RBI REFERRED NCLT ACCOUNTS, BANK HOLDS TOTAL PROVISION OF 201.99 BILLION RUPEES AS ON DECEMBER 31.  Full Article

IDBI Bank Says Moody's Upgraded Ratings In Various Instruments Of Co
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - IDBI Bank Ltd ::SAYS IN VIEW OF SIGNIFICANT CAPITAL INFUSION BY LIC IN CO, MOODY'S UPGRADED RATINGS IN VARIOUS INSTRUMENTS OF IDBI BANK.  Full Article

IDBI Bank Alotted 2.39 Bln Shares To LIC Of India
Friday, 28 Dec 2018 

Dec 28 (Reuters) - IDBI Bank Ltd ::ALOTTED 2.39 BILLION EQUITY SHARES TO LIFE INSURANCE CORPORATION OF INDIA AT A PRICE OF 60.73 RUPEES PER SHARE.  Full Article

IDBI Bank Received Final Letter Of Open Offer From LIC
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - IDBI Bank Ltd ::RECEIVED FINAL LETTER OF OPEN OFFER FROM LIC FOR ACQUISITION OF 2.04 BILLION SHARES OF IDBI BANK LIMITED.  Full Article

Delhi HC Rejects Plea By IDBI Officers Association Against LIC-IDBI Deal - ET Now
Monday, 17 Dec 2018 

Dec 17 (Reuters) - :DELHI HIGH COURT REJECTS PLEA BY IDBI OFFICERS ASSOCIATION AGAINST LIC-IDBI DEAL - ET NOW.  Full Article

IDBI Bank Gets Letter Confirming India Govt Will Not Participate In Open Offer Made By LIC
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - IDBI Bank Ltd ::SAYS GETS LETTER FROM INDIA GOVERNMENT CONFIRMING THAT GOVERNMENT WILL NOT PARTICIPATE IN OPEN OFFER MADE BY LIC.  Full Article

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Supreme Court quashes RBI directive on resolving bad debt

MUMBAI India's Supreme Court on Tuesday quashed a Reserve Bank of India circular on resolving bad debt, providing relief for some major corporate defaulters but throwing the country's still nascent bankruptcy regime into question.