Edition:
India

IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

58.75INR
3:59pm IST
Change (% chg)

Rs-0.55 (-0.93%)
Prev Close
Rs59.30
Open
Rs59.00
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Rs60.15
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Rs58.15
Volume
9,465,533
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Rs91.50
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Rs50.20

Latest Key Developments (Source: Significant Developments)

India's IDBI Bank Approves Divestment Of Partial Stake In IDBI Asset Management
Friday, 25 May 2018 

May 25 (Reuters) - IDBI Bank Ltd ::APPROVES PROPOSAL TO INITIATE DIVESTMENT OF PARTIAL STAKE IN IDBI ASSET MANAGEMENT TO STRATEGIC INVESTOR.  Full Article

India's IDBI Bank Exec Says Has Made Provision Of More Than 58 Pct On NCLT Cases
Friday, 25 May 2018 

May 25 (Reuters) - IDBI Bank Ltd CEO M.K. Jain Says::FOCUS WILL BE ON GROWING RETAIL ASSETS AND LIABILITY.MOST OF THE LEGACY ISSUES ON ASSET QUALITY HAVE BEEN RECOGNISED.97 BILLION RUPEES OF LOANS SLIPPED TO NPA IN Q4 DUE TO RBI FEB CIRCULAR.LOOKING TO SELL 213.97 BILLION RUPEES WORTH OF NPAS.CLOSING UNPROFITABLE BRANCHES AND ATMS, TO CLOSE 31 MORE BRANCHES.TO GET A STRATEGIC INVESTOR IN IDBI MUTUAL FUND.HAS MADE PROVISION OF MORE THAN 58 PERCENT ON NCLT CASES.OVERALL LOAN BOOK MAY SHRINK THIS FISCAL YEAR.LOOKING TO GROW RETAIL LOANS BY 20-23 PERCENT THIS FISCAL YEAR.LOOKING TO RAISE 35-40 BILLION RUPEES FROM NON-CORE ASSET SALES.RBI MANDATE FOR US IS TO REDUCE RISK WEIGHTED ASSETS.  Full Article

RBI Imposes Monetary Penalty Of 30 Mln Rupees On IDBI Bank
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Reserve Bank of India::RESERVE BANK OF INDIA IMPOSES MONETARY PENALTY OF 30 MILLION RUPEES ON IDBI BANK LIMITED.  Full Article

IDBI Bank Initiates Quality Assurance Audit To Further Strengthen Internal Audit Function
Tuesday, 27 Mar 2018 

March 27 (Reuters) - IDBI Bank Ltd ::SAYS BANK INITIATED QUALITY ASSURANCE AUDIT TO FURTHER STRENGTHEN, ENHANCE ITS INTERNAL AUDIT FUNCTION.APPOINTED AN EXTERNAL EXPERT FOR THE AUDIT.SAYS ‍ASSIGNMENT IS EXPECTED TO BE COMPLETED BY APRIL 2018​.  Full Article

‍India's IDBI Bank Cuts Stake In Punjab Alkalies & Chemicals By 3.44 Pct ​
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Punjab Alkalies And Chemicals Ltd ::SAYS ‍IDBI BANK LTD CUTS STAKE IN CO BY 3.44 PERCENT TO 6.56 PERCENT ​.  Full Article

IDBI Bank To Consider Preferential Issue Of Capital To India Govt
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - IDBI Bank Ltd ::SAYS TO CONSIDER PREFERENTIAL ISSUE OF CAPITAL TO INDIA GOVERNMENT.  Full Article

IDBI Bank Divests 4.89 Pct Paid Up Capital Of Small Industries Development Bank Of India‍​
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Idbi Bank Ltd ::SAYS SOLD FURTHER 4.89 PERCENT PAID UP CAPITAL OF SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA‍​.  Full Article

IDBI Bank Approves Sale Of 30 Pct Stake In NSDL E-Governance Infra
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - IDBI Bank Ltd ::APPROVES SALE OF 30 PERCENT STAKE IN NSDL E-GOVERNANCE INFRA.  Full Article

IDBI Bank Approves Sale Of Equity Capital In National Securities Depository
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Idbi Bank Ltd ::SAYS APPROVED SALE OF 7 PERCENT OF EQUITY CAPITAL HELD BY CO IN NATIONAL SECURITIES DEPOSITORY.  Full Article

IDBI Bank Gives In-Principal Nod To Divest Shares Held By Co‍​ In NSE
Monday, 27 Nov 2017 

Nov 27 (Reuters) - IDBI Bank Ltd ::SAYS BOARD GRANTED IN-PRINCIPAL APPROVAL TO DIVEST 7.4 MILLION SHARES OF NATIONAL STOCK EXCHANGE OF INDIA HELD BY CO‍​.  Full Article

MEDIA-State Bank of India MD may be named interim chief of IDBI Bank - Times of India

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