Page 28 - Idbi Bank
IDBI Bank sells 2% stake in NSE to LIC
With this, the stake of IDBI Bank in NSE has come down to 3%, from 5% earlier
 "IDBI Bank sells 2% stake in NSE to LIC")
Madras HC restrains IDBI employees' organisations from obstructing functioning of the Bank
The Madras High Court has issued an order restraining various organisations which are protesting against the centre's stake dilution in IDBI Bank, from causing impediments to the smooth functioning of the branches of the Bank.The order was issued on Monday, when various employees organisations has called for a one day strike during the day. It may be noted that a court in Karnataka and another Court in Telengana also issued orders last week, restraining the organisations from conducting strike. IDBI Bank has filed a petition against All India IDBI Employees' Association, IDBI Officers Organisation, United Platform of IDBI Bank Unions, Union Forum of IDBI Officers & Employees, IDBI Workers' Union and IDBI Karmchari Sangh.The situation became complex with a section of the officers' organisation went ahead and announced strike for four days, from March 28 to 31, which in effect would have left the IDBI Bank not working for almost nine days, till April 1. However, the organisations ...
 "Madras HC restrains IDBI employees' organisations from obstructing functioning of the Bank")
Court restrains IDBI trade unions from hindering work at bank brances
Bank employees raised 'privatisation' issue, following which labour authorities held conciliation talks from March 21 to 24, which however ended in failure
IDBI claims strike failed, unions say near success
It claimed none of their services were disrupted in nationwide strike except in Karnataka, where High Court asked unions not to go on strike
 "IDBI claims strike failed, unions say near success")
Two IDBI Bank unions to go on strike from Monday
The bank has around 17,500 employees
Two IDBI Bank unions to go on strike from Monday
They are protesting against the government's plan to pare its stake in the lender
Ignore social media rumours: Bank operations to be normal next week
IDBI Bank will continue with the strike call, bank operations will be hit by agitation
IDBI Bank to raise Rs 20,000 crore from bonds in FY17
The fund would be raised in one or more tranches comprising senior or infrastructure bonds by way of private placement or public issue in 2016-17
 "IDBI Bank to raise Rs 20,000 crore from bonds in FY17")
IDBI Bank ATMs can be used for bond purchase
The facility of investing in G-Sec through ATM is an extension of Bank's Samriddhi G-Sec Portal
CBI names 5 IDBI Bank executives in Rs 950 cr loan misuse case by Mallya
It says there was a slew of meetings between Mallya and key bank executives as the Kingfisher Airlines was going under
 "CBI names 5 IDBI Bank executives in Rs 950 cr loan misuse case by Mallya")
IDBI Bank: It's too early to cheer
Amid asset challenges, valuations capture privatisation gains and efforts to improve financials
Bank officers protest IDBI Bank stake sale
Demand govt should strengthen forums like Debt Recovery Tribunal by giving teeth to them
IDBI Bank aims to double business to Rs 10 lakh crore
Bank says it will need over Rs 30, 000 crore in capital to back loan book of Rs 5.5 lakh crore by March 2019
IDBI Bank sets 3-year goal to double business to Rs 10 lakh crores
The bank expects to be a 'near zero net NPA' lender by financial year 2019
 "IDBI Bank sets 3-year goal to double business to Rs 10 lakh crores")
IDBI Bank shares gain over 3% on fund raising plans
Shares of IDBI Bank rose by over three per cent today as the company received markets regulator Sebi's approval to raise Rs 3,771 crore through issuance of shares to qualified institutional players (QIPs). The stock climbed 2.96 per cent to Rs 57.35 on BSE. At NSE, shares of the company went up 3.14 per cent to Rs 57.45. State-owned IDBI Bank has received Sebi's approval to raise Rs 3,771 crore through issuance of shares to QIPs, a move that would dilute the government's holding significantly in the lender. IDBI Bank in a statement yesterday said that Sebi has acceded to the bank's request to permit it for raising capital by issuing equity shares aggregating up to Rs 3,771 crore by way of a QIP subject to provisions. "The bank is exempted from the applicability of Regulation 82(c) of Sebi (ICDR) Regulation, 2009 as per Regulation 113 of Sebi (ICDR) Regulation, 2009," it said. The government holding in the bank stands at 80.16 per cent.
 "IDBI Bank shares gain over 3% on fund raising plans")
IDBI Bank to halve stake in NSE
Plans to do so by end-March if valuations are okay