IDBI Bank stake sale back on table; Centre explores revival options
The Centre is exploring renewed options for divesting its stake in IDBI Bank, re-evaluating terms for strategic investors after previous privatization attempts did not meet valuation expectations. This move aims to revive the strategic sale process, with the government committed to offloading its and LIC's combined 60.72% stake.
May 29 2026 06:00:00
IDBI Bank Ltd - 500116 - Update On Incorporation Of IDBI Foundation As A Wholly Owned Subsidiary Of The Bank
IDBI Bank has incorporated IDBI Foundation as a wholly-owned subsidiary, effective May 19, 2026. This Section 8 company will focus on CSR activities including education, healthcare, and skill development, with an initial investment of Rs.1 lakh.
May 20 2026 20:08:42
IDBI Bank Ltd - 500116 - Announcement under Regulation 30 (LODR)-Change in Directorate
IDBI Bank's Board approved the re-appointment of Shri Jayakumar S. Pillai as Deputy Managing Director for one year, effective June 12, 2026. This re-appointment received RBI approval, confirming continuity in key leadership.
May 19 2026 21:48:49
IDBI Bank Limited
IDBI Bank's Board approved the re-appointment of Shri Jayakumar S. Pillai as Deputy Managing Director for one year, effective from June 12, 2026. This re-appointment received prior approval from the RBI, ensuring leadership continuity.
May 19 2026 21:48:31
IDBI Bank Ltd - 500116 - Board Meeting Outcome for Outcome Of Board Meeting
IDBI Bank board approved issuance of Long Term Rupee denominated Bonds up to ₹10,000 crore for financing Infrastructure and Affordable Housing. Funds will be raised in tranches through private placement route in the domestic market by March 31, 2027.
May 16 2026 14:46:03
IDBI Bank Limited
IDBI Bank's Board of Directors approved the issuance of long-term rupee-denominated bonds totaling up to Rs. 10,000 crore. These funds are designated for financing infrastructure and affordable housing projects and will be raised through private placement by March 31, 2027.
May 16 2026 14:42:30
IDBI Bank Limited
IDBI Bank's Board of Directors will convene on May 16, 2026, to deliberate on a proposal for issuing long-term rupee denominated bonds. This move aims to raise up to Rs.10,000 crore to finance infrastructure and affordable housing projects through private placement.
May 13 2026 18:55:11
IDBI Bank Limited
IDBI Bank's Board of Directors will convene on May 16, 2026, to deliberate on the issuance of Long Term Rupee denominated Bonds. The proposed issuance aims to raise up to Rs.10,000 crore through private placement for financing infrastructure and affordable housing projects.
May 13 2026 16:19:38
IDBI Bank Ltd - 500116 - Board Meeting Intimation for Issue Of Long Term Rupee Denominated Bonds
IDBI Bank's Board of Directors will meet on May 16, 2026, to consider a proposal to issue Long Term Rupee denominated Bonds. The issuance could be up to Rs.10,000 crore for financing Infrastructure and Affordable Housing through private placement.
May 13 2026 16:19:28
IDBI Bank shares slip as Q4 profit dips, NII rises 17%
IDBI Bank has reported a strong performance for the fourth quarter of fiscal year 2024, with net profit surging 44% year-on-year to ₹1,628 crore. This growth was supported by a 12% increase in Net Interest Income (NII) to ₹3,688 crore and a significant 58% reduction in provisions. The bank also demonstrated improved asset quality, with Net Non-Performing Assets (NPA) declining to 0.34%. The board has recommended a dividend of ₹1.50 per share for the fiscal year.
Apr 30 2026 14:31:39
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