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Tags Posts tagged with "IDBI Bank"

Tag: IDBI Bank

LIC completes 51% stake acquisition in IDBI Bank

Life Insurance Corporation of India (LIC) has completed the acquisition of 51 percent stake in the public lender IDBI bank’s board. The acquisition makes LIC...

Former Canara Bank MD Rakesh Sharma joins IDBI Bank as MD,...

Canara Bank’s former Managing Director Rakesh Sharma yesterday took charge as IDBI Bank’s Managing (MD) and Chief Executive Officer (CEO). The centre on October 05...

UIDAI blocks eKYC facility of 13 banks on missing targets of...

The Unique Identification Authority of India (UIDAI) has suspended electronic know-your-customer facilities for several Indian banks and authentication agencies for not meeting the targets...

LIC board agrees on IDBI Bank stake purchase

The board of Life Insurance Corporation of India (LIC) has given its final nod to buying of 51 per cent stake IDBI Bank, said...

IRDAI approves LIC to bag up to 51% stake in IDBI...

The Insurance Regulatory and Development Authority of India (IRDAI) board has given final nod to Life Insurance Corporation (LIC) to invest in IDBI Bank. The...

LIC may acquire 30% more stake in IDBI Bank

The Life Insurance Corporation of India (LIC) may soon acquire about 30 per cent additional stake in public lender IDBI Bank primarily via the...

SBI’s B Sriram appointed IDBI Bank CEO for 3 months

State Bank of India’s Managing Director (MD) B Sriram was today appointed as the MD and chief executive officer (CEO) of IDBI Bank for...

Govt planning to bring down stakes in IDBI Bank

The centre is trying out all its ways, including Qualified Institutional Placement (QIP), to bring down its stakes in public lender IDBI Bank. At present,...

Another SBI-like bank merger on Govt cards: Report

Motivated by the success achieved post the merger of India’s largest public sector bank State Bank of India with its associate banks, Centre is...

IDBI’s M K Jain appointed as RBI Deputy Governor

The Centre appointed IDBI Bank’s Managing Director M K Jain as Reserve Bank of India’s new Deputy Governor, succeeding S S Mundra. Mundra completed his...

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