IDBI Bank
- InFocus
IDBI Bank to Emerge as An Exclusive Financial Conglomerate With Insurance & Banking Expertise
IDBI Bank said it is strategising to be a ‘one-of-its-kind’ financial conglomerate and plans to bring banking and insurance services…
Read More » - InFocus
RBI Penalized IDBI and Dena Bank
Reserve Bank of India has imposed a monetary penalty of 2 crore on Dena Bank and 1 crore on IDBI…
Read More » - InFocus
IDBI Bank Might Become LIC Bank, Name Change on Cards
The board in its meeting has "approved a proposal for change of name of IDBI Bank, subject to RBI's no…
Read More » - News
LIC Acquires 51% Stakes of IDBI Bank
"The deal, conceptualised in June 2018, is envisaged as a win-win situation for both IDBI Bank and LIC with an…
Read More » - News
LIC Begins Acquisition Process for IDBI Bank
"The Bank has received a letter dated August 28, 2018 from LIC giving their in principle approval for subscription of…
Read More » - News
It’s Official: LIC to Acquire 51% Stakes in IDBI Bank
The decision also conveyed no objection to the reduction in the government of India shareholding in IDBI Bank Limited to…
Read More » - LimeLight
IDBI Bank Seeks Govt’s Approval on Acquiring LIC’s Majority Stakes
State-run IDBI Bank is seeking Central Government’s nod on the Life Insurance Corp’s (LIC) proposal to acquire 51 percent stake in…
Read More »