IDBI Bank
Jaypee Infratech's financial creditors, including lenders and homebuyers, approved the bid of state-owned NBCC to acquire the debt-laden realty firm Jaypee Infratech under insolvency process, according to sources.
Jaypee Infra shares jump over 9 pc on CoC nod for NBCC bid
18 Dec 2019 12:44 PM

Shares of Jaypee Infratech were trading 9.26 per cent higher at Rs 1.77 apiece on the BSE.

The bank has not provided details about the value of the stake sale.
IDBI Bank sells over 0.72 per cent stake in NSE
30 Oct 2019 4:34 PM

IDBI Bank has sold an aggregate 35.40 lakh equity shares constituting 0.72 pc out of 1.5 pc of the paid-up capital of NSE.

Anil Ambani
Anil Ambani’s shipyard faces insolvency
04 Sep 2019 2:15 AM

The bankruptcy tribunal will consider putting Reliance Naval & Engineering Ltd. in bankruptcy on Wednesday.

The government move came after Finance Minister Nirmala Sitharaman last month announcing a slew of measures, including an upfront capital infusion of Rs 70,000 crore, to help the public sector banks. (Photo: Financial chronicle)
Government clears Rs 9,000 crore infusion in IDBI Bank
04 Sep 2019 2:15 AM

The government said that it would help both IDBI and LIC to improve their financial health.

The Union Cabinet has cleared recapitalisation of IDBI Bank with one-time infusion of funds by both the government and the LIC, Information and Broadcasting Minister Prakash Javadekar told reporters.
Union Cabinet clears over Rs 9,000 cr capital infusion in IDBI Bank
03 Sep 2019 3:15 PM

Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash Javadekar..

The products -- Suvidha Plus Home Loan and Suvidha Plus Auto Loan -- will be benchmarked to the Reserve Bank of India's (RBI) repo rate and will be available to customers with effect from September 10.
IDBI Bank launches repo-linked home, auto loans
30 Aug 2019 3:32 PM

Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum onwards.

IDBI Bank on Wednesday reported widening of loss to Rs 3,800.84 crore for the June quarter, hurt by higher provisioning for bad loans.
IDBI Bank shares tank over 12 per cent after Q1 earnings
16 Aug 2019 1:52 PM

The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.

The net interest income, or the difference between interest earned and that expended, fell 11.04 per cent to Rs 1,458 crore from Rs 1,639 crore in the corresponding period last year. (Photo: Financial chronicle)
IDBI Bank Q1 net loss widens to RS 3,800 crore
15 Aug 2019 2:25 AM

The bank had posted a net loss of Rs 2,410 crore in the year-ago period. The bank had reported a net loss of Rs 4,918.44 crore in March quarter.

In the second round of bidding, the committee of creditors (CoC) had first rejected the resolution plan of Suraksha Realty and then voted against state-owned NBCC's offer.
Jaypee insolvency: NCLAT asks IDBI Bank to furnish conditions for fresh bidding
17 Jul 2019 7:00 PM

A two-member bench headed by Chairman Justice S J Mukhopadhaya has asked IDBI Bank to file an affidavit by Friday.

  • « First
  • « Previous
  • 1
  • Next »
  • Last »

1 of 1