Govt to infuse Rs 9,000 crore in IDBI as bailout money
Financially troubled IDBI Bank is all set to receive Rs 9,000 crore bailout money from the centre. Life Insurance Corporation…
03 SEP 2019
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IDBI Bank Recruitment 2019: Apply for 600 Assistant Manager Post
Public sector lender IDBI Bank has announced recruitment for the 600 assistant managers post and has invited applications. IDBI Bank…
24 JUN 2019
‘India Slowly Progressing Beyond Brick and Mortar Banking’
In a country like India, Brick and Mortar concept of banking is the most preferred mode and it would dominate…
03 MAY 2019
IDBI Bank slashes lending rates by 5 bps
Life Insurance Corporation of India (LIC) owned IDBI Bank has dropped its lending rates by five basis points for most…
12 APR 2019
LIC gets 12 years from RBI for reducing stake in IDBI Bank
The Reserve Bank of India (RBI) has granted 12 years to Life Insurance Corporation to bring down its stake in…
11 APR 2019
IRDAI seeks LIC’s proposal on IDBI Bank stake reduction
Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) is seeking Life Insurance Corporation of India’s proposal for paring…
11 MAR 2019
IDBI Bank likely to consider renewal of current MD Rakesh Sharma’s term
Public sector lender IDBI Bank is planning to consider the renewal of current Managing Director Rakesh Sharma’s term for three…
11 MAR 2019
RBI penalises 4 banks for non-compliance
The Reserve Bank of India (RBI) has penalised four Public Sector Banks (PSBs) by imposing monetary penalty on them. The…
04 MAR 2019
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…
21 JAN 2019
Former Canara Bank MD Rakesh Sharma joins IDBI Bank as MD, CEO
Canara Bank’s former Managing Director Rakesh Sharma yesterday took charge as IDBI Bank’s Managing (MD) and Chief Executive Officer (CEO).…
11 OCT 2018
