IDBI Bank stake sale: Dressing up a must before handing it over to a new suitor
Currently, the bank's valuation or the market cap is too low. The bank with a balance sheet size of Rs 3 lakh crore has a market valuation of a meagre Rs 42,000 crore.
IDBI Bank sale: Most merchant bankers indicate 52 weeks' time to conclude privatisation process
The government intends to complete the transaction during the current fiscal itself. Thus the merchant banker has to find a buyer in about 26 weeks or six months
Retail banking a growth story whose potential hasn't been unearthed fully: IDBI Bank
The bank's retail banking model is well set and it has a committed sales force, says Suresh Khatanhar, DMD IDBI BANK LTD. - 500116 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Notice in respect of Issue of Duplicate Share Certificate (Lot - 353) in terms of Regulation 39(3) of Chapter IV of SEBI (LODR) Regulations, 2015. IDBI Bank Ltd - 500116 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we advise that the Board of Directors of IDBI Bank Ltd., at its meeting held on Friday, August 27, 2021, approved the proposal for sale of IDBI Bank''s entire holding of 6,23,23,800 fully paid-up equity shares constituting 19.18% of the total equity share capital of Asset Reconstruction Company (India) Ltd. (ARCIL). Kindly acknowledge receipt and take the above on record.
IDBI Intech implements anti-money laundering solution at LIC
IDBI Intech's anti-money laundering solution will provide an enterprise-wide single view of risk and compliance at transactions and customer level
KPMG to assist government in strategic divestment of IDBI Bank for Rs 1
The near-zero bid could make KPMG one of the largest players in managing deals in the financial services space if IDBI Bank sale is a success IDBI BANK LTD. - 500116 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Notice in respect of loss of Share Certificates (Lot-353) 8 law firms in race to advise on sale of govt's 45.48% stake in IDBI Bank
LIC, which owns 49.24 per cent, will also offload its stake to transfer management control to the new buyer Broker's call: Trent (Sell)
IDBI CapitalTrent (Sell)Target: 657CMP: 897.1Trent reported better-than-expected result. Apparels, being non-essentials, has been most significantly