A government agency is expected to formally open the bidding process as soon as this month, in what could be the biggest state-backed disposal of a bank stake in decades
A decisive close below 25,838 level could mark a short-term trend reversal for Nifty from bullish to bearish, potentially paving the way for a decline towards the next support near 25,740
Groww stock surpassed LG Electronics, Max Healthcare Institute, IDBI Bank, Jindal Steel and Indus Towers in the overall market cap ranking, shows BSE.
The average trading volumes at the IDBI Bank counter jumped nearly two-fold with a combined 58.94 million equity shares changing hands on the NSE and BSE till 12:26 PM.
Till 01:48 PM, 76.1 million equity shares, representing 13.4 per cent of free-float equity of IDBI Bank, had changed hands on the NSE and BSE
Q2FY26 company results: Many banks including IDBI, IDFC First, IndusInd, Jammu & Kashmir Bank, and Punjab National Bank will also release their September quarter earnings reports today
Opening top positions at public sector banks for private candidates is a welcome move. Delinking their salary from the IAS is the next logical step
DFS Secretary M Nagaraju says the government will complete the IDBI Bank sale this fiscal and begin phased divestment in five other public sector lenders
IDBI Bank moves NCLT against ZEEL over ₹225 crore default claim; ZEEL terms plea "malicious" as earlier applications were dismissed by NCLT and NCLAT
With the US imposing 50% tariffs from Aug 27, Indian banks are stepping in to support exporters, especially MSMEs, through cheaper loans, flexible repayment, export insurance.
Bank officers' union AIBOC has opposed the Centre's plan to privatise IDBI Bank, saying it endangers public trust, social justice and economic sovereignty while risking financial exclusion
SEBI has approved reclassification of LIC as a public shareholder in IDBI Bank following strategic divestment, subject to curbs on voting rights and board representation
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Dipam Secretary Arunish Chawla said IDBI Bank privatisation should conclude by March 2026 as bidders complete due diligence, with FY26 disinvestment proceeds set to exceed targets
The government, in partnership with LIC, plans to sell a 60.72% stake in IDBI Bank. Financial bids are expected by Q3FY26, with the transaction to be completed by FY26
National Securities Depository Ltd (NSDL) is set to launch its Initial Public Offering (IPO) on July 30, with the issue size pegged at around Rs 4,000 crore. The depository's maiden public issue will conclude on August 1. The one-day bidding for anchor investors is scheduled to open on July 29, according to the Red Herring Prospectus (RHP). The IPO only consists of Offer For Sale (OFS) component of 5.01 crore shares and those selling shares under this are -- the National Stock Exchange of India (NSE), State Bank of India (SBI), HDFC Bank, IDBI Bank, Union Bank of India and Administrator of Specified Undertaking of the Unit Trust of India (SUUTI). Since the public issue is entirely an OFS, NSDL will not receive any proceeds from the IPO. Market sources have pegged the IPO size to around Rs 4,000 crore. This upcoming listing will make NSDL the country's second publicly traded depository after Central Depository Services (CDSL), which was listed on the NSE in 2017. The listing of NS
Net interest income (NII) declined by two per cent YoY to ₹3,166 crore in Q1 FY26, compared to ₹3,233 crore in Q1 FY25, the bank said in a statement
Operating profit increased by 13% in Q1FY26 to ₹2,354 crore as against ₹2,076 crore in Q1FY25
Q1 FY26 company results, July 21: Havells India, Oberoi Realty, CRISIL, UCO Bank, PNB Housing Finance, and DCM Shriram will release their April-June quarter earnings reports today