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Total 524 results found. Search for [ IDBI Bank Stock ]

Results 1 to 21 of 524
Anand Adhikari
New Delhi, May 13, 2021
The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  


BusinessToday.In
May 6, 2021
The extent of respective shareholding to be divested by the Government of India (GoI) and LIC shall be decided at the time of structuring of transaction in consultation with RBI


BusinessToday.In
May 6, 2021
Hero MotoCorp share touched an intraday high of Rs 2884 rising 3.48% on BSE


BusinessToday.In
May 4, 2021
Net profit in the March ended quarter stood at Rs 512 crore, up 278 per cent on a year-on-year basis and 35 per cent on a sequential basis


BusinessToday.In
May 4, 2021
Tata Chemicals stock touched an intraday low of Rs 721.85 falling 7.79% against previous close of Rs 782.85 on BSE


BusinessToday.In
April 18, 2021
The company said that the debt restructuring was necessitated due to the disruptions caused by COVID-19 which led to cash flow not being able to bear the debt burden


BusinessToday.In
April 13, 2021
Share of IDBI Bank touched an intraday high of Rs 36.5, rising 7.99% against the previous close on BSE.


Anand Adhikari
New Delhi, March 27, 2021
Rakesh Sharma, CEO, IDBI Bank, in a conversation with Business Today's Anand Adhikari explained his organisation's current focus in retail sector and future plans. Sharma said that one of the bank's aims is to utilise the synergies with LIC through the digital channel. He added that the bank is also trying to include personal loans as a key product and has opened new branches to offer gold loans. Watch as he explains how IDBI Bank has become one of the biggest partners of LIC. Also Read: Bank of India raises Rs 602 cr via Basel III compliant bondsWATCH : IDBI Bank's CEO on new foundation of future growth


Anand Adhikari
New Delhi, March 26, 2021
Rakesh Sharma, CEO, IDBI Bank shares the factors that helped his organisation get back to normal, overcoming the losses in the last 4 years. Sharma added how the firm worked on its HR policies and did not remove any staff during the organisation's restructuring period. He appreciated the the entry of LIC as majority shareholder into the company by the government of India at a time when it needed the capital. Watch as he explains to Business Today's Anand Adhikari the future foundation that the bank has created in the last few years.Also Read: RBI extends restrictions on PMC Bank till June 30


BusinessToday.In
March 24, 2021
Share market losers today: Mahindra & Mahindra, State Bank of India, ICICI Bank, IndusInd Bank, and Axis Bank were among top losers on BSE Sensex pack on March 24


BusinessToday.In
March 24, 2021
Adani Green Energy share stock touched an intraday high of Rs 1,341.6 rising 2.24% against previous close of Rs 1,312 on BSE


BusinessToday.In
March 24, 2021
Rossari Biotech share price declined as much as 5 per cent to Rs 1,056.8 on BSE as investors resorted to profit booking after the company board gave nod to issue equity shares aggregating to Rs 300 crore on preferential basis


BusinessToday.In
March 24, 2021
Anupam Rasayan share opened at Rs 520, 6.3% lower against issue price of Rs 555 on NSE. Market cap of the firm stood at Rs 5,208 crore


BusinessToday.In
March 24, 2021
In the opening trade, Rail Vikas Nigam share price declined as much as 7.56 per cent to hit low of Rs 28.10 on the BSE


BusinessToday.In
March 24, 2021
Shares of Reliance Industries, Bharti Airtel, ONGC, Hero MotoCorp, Rail Vikas Nigam, JK Tyre and Industries, Suzlon, Tata Motors will be in focus in Wednesday's trading session


BusinessToday.In
March 24, 2021
Stock Market News Update Today: The BSE Sensex witnessed broader-based selling with 28 out of 30 BSE index heavyweights ending in red amid fear that second and third wave infections in India are bound to hamper economic recovery


PTI
March 23, 2021
It is hereby informed that a meeting of board of directors of IDBI Bank Ltd will be held on Friday, March 26, 2021 to consider the proposal for approval of rupee bond borrowings limit of Rs 8,000 crore for FY2021-22, IDBI Bank said in a regulatory filing


Nevin John
March 23, 2021
Cash-strapped Future Group is trying to expedite the deal with Mukesh Ambani-led company and save the retail chain -- which includes brands like Big Bazaar, FBB, Central, Easyday and Brand Factory


BusinessToday.In
March 15, 2021
YES Bank stock lost 3.14% to Rs 15.40 against previous close of Rs 15.90. Market cap of the lender fell to Rs 39,210 crore on BSE


BusinessToday.In
March 15, 2021
Bank strike on March 15: The unions had called the strike after the conciliation meeting with the Union Finance Ministry on March 4, 9 and failed


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