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IDBI Bank Ltd - 500116 - Outcome Of Board Meeting Held On March 26, 2021 For Approving Rupee Bond Borrowing Limit

 In continuation of our earlier disclosure dated March 23, 2021, it is hereby informed that the Board of Directors, at its meeting held on Friday, March 26, 2021, has approved the Rupee Bond Borrowing limit of Rs. 8000 crore for FY 2021-22 to be borrowed in one or more tranches comprising of Additional Tier I (AT-1) Bonds up to Rs. 3000 crore and Senior/Infrastructure Bonds up to Rs. 1000 crore by way of private placement during FY 2021-22. You are requested to kindly take the above intimation on record in terms of Regulations 30 & 52 of the SEBI (LODR) Regulations, 2015.
26-03-2021
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IDBI Bank Ltd - 500116 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 Loss of Share Certificates_Lot No 350
25-03-2021

Govt hopeful of resolving Iran's currency issue by next month; export to resume soon

 Iran's rupee reserves have reduced significantly in India's UCO and IDBI Bank, the two banks authorised to facilitate rupee trade. As a result, exports of agri-commodities like sugar, tea and rice have almost stopped because exporters are not sure of getting paid on time.
24-03-2021

IDBI Bank FD rates: Check revised fixed deposit interest rates

 IDBI Bank FD rates: For FDs maturing in 7 days to 20 years, FD interest rates in IDBI Bank range from 2.9 percent to 5.1 percent after the latest revision.
24-03-2021
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IDBI Bank Ltd - 500116 - Board Meeting Intimation for Considering The Proposal For Approval Of Rupee Bond Borrowings Limit Of Rs. 8000 Crore For FY 2021-22.

 IDBI BANK LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2021 ,inter alia, to consider and approve the proposal for approval of Rupee Bond Borrowings limit of Rs. 8000 crore for FY 2021-22. Kindly acknowledge receipt and take the above on record.
23-03-2021
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IDBI Bank Ltd - 500116 - Sub: SEBI Circular - SEBI/HO/MIRSD/CRADT/CIRIP/2020/207 Dated October 22, 2020 In Compliance With Above Mentioned SEBI Circular Issued On The Subject Matter Of Contribution By Issuers Of Listed Or Proposed To Be Listed Debt Securities Towards Creation Of "Recovery Expense Fund". It Is Hereby Informed That IDBI Bank Has Deposited 25, 00,000/- (Rupees Twenty Five Lakhs) In Cash, Towards "Recovery Expense Fund" With Its Designated Stock Exchange -"National Stock Exchange Of India Ltd." (NSE) On March 20, 2021,

 Sub: SEBI Circular -SEBI/HO/MIRSD/CRADT/CIRIP/2020/207 Dated October 22, 2020 in compliance with above mentioned SEBI Circular issued on the subject matter of Contribution by Issuers of listed or proposed to be listed debt securities towards creation of "Recovery Expense Fund". It is hereby informed that IDBI Bank has deposited 25, 00,000/- (Rupees Twenty Five Lakhs) in Cash, towards "Recovery Expense Fund" with its Designated Stock Exchange -"National Stock Exchange of India Ltd." (NSE) on March 20, 2021,
20-03-2021
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IDBI Bank says not hired agency for recruitment, warns against fake job offers

 The LIC-controlled bank said it has not hired the services of any agency or individual to recruit personnel
20-03-2021
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We will try to grow our business in a very calibrated way: IDBI Bank CEO

 Now that IDBI Bank is out of the restrictive prompt corrective action (PCA) framework, it will grow its loan book in a calibrated manner to avoid conc
16-03-2021
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IDBI Bank Rallies Over 15% On Exiting Prompt Corrective Action Framework

 IDBI Bank gave a written commitment to the central bank that it would comply with the norms of minimum regulatory capital, net NPA and leverage ratio on an ongoing basis.
12-03-2021
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IDBI Bank Ltd - 500116 - Exit From Prompt Corrective Action Framework

 It is advised that RBI vide their Press Release 2020-2021/1223 dated March 10, 2021 have communicated about having taken IDBI Bank Limited out of the PCA Framework subject to certain conditions and continuous monitoring. A Copy of the said press release is enclosed. You are requested to kindly take the above intimation on record in terms of the provisions of Regulation 30 of SEBI (LODR) Regulations, 2015.
10-03-2021
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