Ahead of IDBI privatisation, Centre working on tightening disclosure rules

Bidders will have to share the details of legal proceedings against them, if any, until the completion of sale transactions
20-09-2022

Withdraw confidentiality breach allegations: IDBI Trustee asks Rel Capital

IDBI Trusteeship Services has asked the administrator of Reliance Capital, Nageswara Rao Y to withdraw the allegations of breach of confidentiality
18-09-2022

Rs 7K-crore NPA sale to NARCL by Q4: IDBI Bank MD & CEO Rakesh Sharma

'We have identified accounts worth Rs 11,000 crore, of which Rs 4,000 crore is technically written off', said Sharma
15-09-2022

Govt to seek EoIs for IDBI Bank privatisation soon: DIPAM Secy

IDBI bank will witness first of its kind privatisation in the banking sector as the government will soon seek expression of interest for stake sale marking progress in the disinvestment
14-09-2022

IDBI Bank re-appoints S Jebaraj as deputy MD for 3 years effective Sept 20

Jebaraj handles verticals for large and mid-sized corporates, trade finance and NPA management and he has been a member of internal committees for more than a decade, said IDBI Bank
06-09-2022
Bigul

IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Change in Directorate

This is to inform that the Board of Directors of IDBI Bank Ltd. on September 05, 2022 have approved the re-appointment of Shri Samuel Joseph Jebaraj (DIN: 02262530) as Deputy Managing Director (DMD) on the Board of the Bank for a period of three years with effect from September 20, 2022 as per approval of the RBI received in this regard. Shri Samuel Joseph Jebaraj is not related to any other Director on the Board and KMP of the Bank. It is further confirmed that Shri Samuel Joseph Jebaraj, DMD is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. The Brief Profile of Shri Samuel Joseph Jebaraj is annexed herewith. You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015
05-09-2022
Bigul

IDBI BANK LTD. - 500116 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Notice regarding Issue of Letters of Confirmation in respect of loss of original share certificates- (Lot No. 360)
29-08-2022

IDBI Bank Shares Surge On Bad Loan Recovery, Privatisation Buzz

Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans...
26-08-2022

Govt considers selling at least 51% of state-backed IDBI Bank: Report

Authorities plan to sell at least some of the government and LIC's stakes in IDBI Bank and cede management contro
24-08-2022

Now, IDBI Bank too hikes deposit rates to fund strong loan demand

The highest rate for senior citizens is 6.55 per cent for tenors ranging from 5 years to more than 5 years and up to 10 years
23-08-2022
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