IDBI Bank to divest 30% holding in NEGIL
IDBI Bank as a part of exercise to exit from the non core business, will be selling 30% stake in NSDL e-Governance Infrastructure Ltd (NEGIL). In...
Tag : idbi bank
IDBI Bank to divest stake in NSDL
Industrial Development Bank of India (IDBI), has received approval from its board of directors to sale 7% of its stake in National Securities Depository Limited (NSDL). In...
IDBI Bank to offload 1.5% stake in NSE
IDBI Bank plans to sell 1.5% stake in National Stock Exchange (NSE). This move will be a part of the exercise to exit from non-core business....
IDBI Bank sold 1% stake in SIDBI
IDBI Bank stated, it has sold 1% stake in Small Industries Development Bank of India(Sidbi), without disclosing the amount,for mobilizing funds by exiting non-core business....
IDBI Bank aims to raise Rs 10,000 cr
IDBI Bank aims to raise Rs 10,000 crore through issuing rupee bonds and qualified institutional placement route. IDBI has said in a filing that the...
IDBI Bank reports Q4, net loss widens to Rs 3,200 crore
On Thursday, the IDBI Bank has posted a net loss of Rs 3,199.76 crore for the quarter ended March 31, 2017. The bank had posted...
IDBI Bank reduces MCLR by up to 0.25%
IDBI Bank has reduced its marginal cost of funds based lending rate (MCLR) by up to 0.25 percent. The bank has said in a statement...
IDBI Bank aims to raise Rs 28,000 crore through equity, debt
IDBI Bank has got its shareholders’ approval for raising up to Rs 28,000 crore from a mix of equity and bonds. The bank, at the...
IDBI Bank aims to raise Rs 1,500 crore by selling 28 crore shares to LIC
The IDBI Bank is planning to offer around 28 crore shares at Rs 53.44 apiece to LIC on preferential basis for raising Rs 1,500 crore....
IDBI Bank has raised Rs 1,000 crore from bonds for funding infra projects
IDBI Bank has raised Rs 1,000 crore from bonds on private placement basis for the purpose of funding infrastructure projects. It said in a statement...