Page 2 - Idbi Bank

IDBI Bank's privatisation bids to be invited in Q3FY26: Dipam Secy

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

NSDL to launch ₹4,000-crore IPO on July 30; bidding ends August 1

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

IDBI Bank Q1 net profit surges 17% to ₹2,007 crore on rise in other income

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

IDBI Bank Q1FY26 results: Net profit rises 16.75% to ₹2,007 crore

Operating profit increased by 13% in Q1FY26 to ₹2,354 crore as against ₹2,076 crore in Q1FY25

Q1 results today: UltraTech, Zomato, IDBI Bank among 46 firms on July 21

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

Dividend stocks: These 8 stocks to go ex-date on July 15; do you own any?

Among the said list of companies, Computer Age Management Services has declared the highest dividend, announcing a final dividend of ₹19 per share for financial year 2024-25 (FY25)

IDBI Bank gains 2% as reports signal financial bidding to close by Oct 2025

So far this calendar year, IDBI Bank shares have experienced a robust double-digit drop of 30.5 per cent.

SBI, other public sector banks to raise $5.25 bn through QIPs in FY26

State-run banks, led by SBI, plan to raise ₹450 billion via QIP in FY26, with the government also targeting stake sales in multiple PSU banks by October

Financial bidding for IDBI Bank expected to conclude by October 2025

"All things have at the high pace and IDBI bank will be completed by October 2025," said the official.

IDBI Bank rallies 5%, hits 11-month high; stock rises for 7th straight day

According to reports, the Government could soon finalise a share purchase agreement with potential buyers for the divestment of IDBI Bank

India may ease bank ownership rules as foreign interest, capital needs grow

Analysts say foreign banks are keen for deals in India, the world's fastest-growing major economy, especially as it angles for regional trade agreements

Hope to deliver more to Centre to stay the fiscal course: DIPAM Secy Chawla

Public stocks are a very good hedge in anyone's portfolio because the government is behind them. We enforce fair dividend norms very strictly, Chawla said

RBI fines ICICI, Axis, three other banks for regulatory compliance lapses

The RBI said the banks' non-compliance involved cybersecurity, customer charges, KYC norms, and internal account mismanagement

IDBI Bank's Q4 FY25 results: Net profit rises 26% to ₹2,051 crore

Non-interest income boosts bottom line; margins under pressure

IDBI Bank Q4FY25 results: Net profit increases 26% to ₹2,051 crore

IDBI Bank on Monday reported 26 per cent increase in net profit at Rs 2,051 crore for the March quarter of FY25. The LIC-controlled bank had posted a net profit of Rs 1,628 crore for the year-ago period. Total income rose to Rs 9,035 crore in the period under review from Rs 7,887 crore in the January-March period of previous fiscal. Interest income marginally declined to Rs 6,979 crore during the period under review from Rs 6,990 crore in the corresponding quarter a year ago. In the 2024-25 fiscal, net profit rose 33 per cent to Rs 7,515 crore as compared to Rs 5,634 crore in the previous year. Total income during the financial year rose to Rs 33,826 crore from Rs 30,037 crore in FY24. On the asset quality side, the bank's gross Non-Performing Assets (NPAs) were reduced to 2.98 per cent of gross advances as of March 31, 2025, compared to 4.53 per cent by the end of March 2024. Net NPAs also came down to 0.15 per cent of the advances over 0.34 per cent a year ago. The board of I

Q4 results today: UltraTech, TVS Motor, Adani Green, IDBI, IRFC on Apr 28

Q4 FY25 company results today: Aditya Birla Sun Life AMC, Adani Total Gas, AWL, Castrol, and IIFL Securities will be among 49 firms to post earnings reports for the January-March quarter on April 28

IDBI Bank cuts rates for some fixed deposits, extends popular Utsav scheme

Lender discontinues two tenures, announces new terms for other products

NCLAT rejects IDBI Bank's insolvency plea against Zee over Rs 150 cr dues

Section 10A of the IBC temporarily suspended the initiation of the insolvency process for defaults from March 25, 2020 to March 25, 2021 (a year) to provide relief to borrowers during COVID-19

NCLAT dismisses IDBI Bank's plea for insolvency against Zee Entertainment

The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the plea of IDBI Bank which sought to initiate insolvency proceedings against Zee Entertainment. A two-member NCLAT bench upheld the order passed by the Mumbai bench of the National Company Law Tribunal (NCLT), which had earlier rejected the private lender's plea to initiate insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL). However, the appellate tribunal granted liberty to IDBI Bank to move a fresh plea for default outside of the period mentioned in section 10A of the Insolvency & Bankruptcy Code. Section 10A mandates that no application for initiation of the corporate insolvency resolution process (CIRP) can be filed against any debtor by any financial and operational creditor for any default arising on or after March 25, 2020, for a period of one year. This special provision was inserted in the IBC by the government to help companies after economic activities had resumed post-lockdown

Due diligence of IDBI Bank's qualified bidders underway: MoS Finance

The due diligence of qualified bidders for IDBI Bank, which is up for privatisation, is underway, Minister of State for Finance Pankaj Chaudhary said on Monday. The government, along with LIC, is selling nearly 61 per cent stake in IDBI Bank. This includes a 30.48 per cent stake of the Government of India and 30.24 per cent of LIC. In January 2023, the Department of Investment and Public Asset Management (DIPAM) received multiple Expressions of Interest (EoI) for buying stake in IDBI Bank. "After security clearance by Ministry of Home Affairs (MHA) and fit and proper evaluation by the Reserve Bank of India (RBI), the due diligence by the qualified bidders is being done," Chaudhary said in a written reply in the Lok Sabha. After the required clearances, investors would get access to the data room and a due diligence process will be initiated. At present, the government holds 45.48 per cent in IDBI Bank, while LIC's shareholding is 49.24 per cent. To a question on whether the gover