IDBI Bank Ltd. News and Updates

Keep track of all breaking news on IDBI Bank Ltd. from all sources in a single place.

Load latest

IDBI Bank Ltd.

15 Oct 2024

94.76

2.71%

HCLTech Q2 Results Review - An All Round Show: IDBI Capital

NDTV Profit

The company has multiple levers like higher utilisation, pyramid utilizsation and offshoring to drive margins, says the brokerage.

IDBI Bank Ltd. has gained 30.18% in the last 6 Months

IDBI Bank Ltd.

07 Oct 2024

94.76

2.71%

Stock to sell today: IDBI Bank (83.85): SELL

Business Line

IDBI Bank share price can fall to 80

IDBI Bank Ltd.'s price crossed above 50Day SMA today

IDBI Bank Ltd.

04 Oct 2024

94.76

2.71%

IDBI Bank Q2 Updates: Total Deposits Increase 11%

NDTV Profit

The bank's current account-saving accounts deposits (the proportion of deposits that come from low-cost current and savings accounts) rose 4% to Rs 1.33 lakh crore i

IDBI Bank Ltd. is trading above all available SMAs

IDBI Bank Ltd.

02 Oct 2024

94.76

2.71%

IDBI Capital calls for bids on Rs 1,772 crore SBI-led highway bad loans

Business Standard

State-owned NARCL has submitted an anchor bid of Rs 300 crore for exposure, prompting a Swiss auction scheduled for October 30

IDBI Bank Ltd. is trading above all available SMAs

IDBI Bank Ltd.

26 Sep 2024

94.76

2.71%

IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery

Business Standard

Outstanding principal of Rs 2,300 crore in focus

IDBI Bank Ltd. has gained 30.18% in the last 6 Months

Credit Card Spends Growth Slows Down In August: IDBI Capital

NDTV Profit | 26 Sep 2024

IDBI Bank Ltd.

22 Sep 2024

94.76

2.71%

Axis Finance, IDBI Bank & IDBI Trusteeship withdraw petitions against Zee-Sony merger at NCLAT: Report

Business Today

IDBI Bank and Axis Finance had challenged the August 10, 2023, order of the Mumbai bench of the NCLT. NCLT in its approval order had dismissed some applications moved by financial institutions opposing the move, including IDBI Trusteeship, IDBI Bank, Axis Finance, JC Flowers Asset Reconstruction Co, and Imax Corp.

IDBI Bank Ltd. is trading above all available SMAs

IDBI Bank Ltd.

20 Aug 2024

94.76

2.71%

IDBI Bank hikes FD rate to 7.85% for 444-day tenure to garner more deposits

Business Standard

With an aim to garner more deposits, IDBI Bank on Tuesday increased its fixed deposit rate to 7.85 per cent for 444-day tenure for a limited period. The bank now offers a peak rate of 7.85 per cent and 7.75 per cent per annum on tenures of 444 days and 375 days, respectively, IDBI Bank said in a statement. This enhancement makes the Utsav Fixed Deposit an even more compelling option for customers seeking higher yields, it said. This offer is valid till September 30, 2024, it said, adding, customers can open an Utsav Fixed Deposit conveniently through the bank's website or mobile banking application or at any branch of the bank. Besides this, IDBI Bank continues to offer competitive rates on other special tenures under the Utsav Fixed Deposit scheme. The 700-day tenure offers a peak rate of 7.70 per cent, while the 300-day tenure provides 7.55 per cent, it said. Both Finance Minister and RBI Governor have expressed concern over slow pace in deposit growth as compared to credit...

IDBI Bank Ltd. has gained 30.18% in the last 6 Months

IDBI Bank Ltd.

13 Aug 2024

94.76

2.71%

Coffee Day shares tumble 29% in 2 days: What's brewing at CCD operator?

Business Standard

Coffee Day NCLT proceedings: The Bengaluru Bench of NCLT had admitted IDBI Bank's plea to initiate insolvency proceedings against Coffee Day Enterprises for loans worth Rs 228 crore

IDBI Bank Ltd. is trading above all available SMAs

IDBI Bank Ltd.

10 Aug 2024, 04:50PM

94.76

2.71%

NCLT orders insolvency trial against Coffee Day Enterprises on IDBI claims

Business Standard

Corporate dispute tribunal NCLT has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group which operates Cafe Coffee Day chain of coffee houses. The Bengaluru bench of the NCLT (National Company Law Tribunal) on August 8 admitted the plea filed by IDBI Trusteeship Services Ltd (IDBITSL) claiming a default of Rs 228.45 crore and appointed an interim resolution professional to take care of the operation of the debt-ridden company. CDEL, which also owns and operates a resort, renders consultancy services and is engaged in the sale and purchase of coffee beans, had defaulted in the payment of coupon payments of redeemable non-convertible debentures (NCDs). The financial creditor had subscribed 1,000 NCDs through private placement and paid Rs 100 crore towards the subscription in March 2019. For that CDEL executed and entered into an agreement with IDBITSL agreeing to appoint as the debenture trustee for the debenture