Axis Bank Q3 results: Net profit rises 61.9% to Rs 5,853 crore
Indian private lender Axis Bank Ltd on Monday reported a 61.9% rise in quarterly profit, as ..
State-owned IDBI Bank Ltd reported a record third-quarter profit on Monday, boosted by lower bad loan provisions and improved asset quality.
IDBI Bank, which had some ..
NEW DELHI -The Indian government has received multiple bids for a majority stake in IDBI Bank, an official said in a tweet on Saturday, after the deadline for expressions..
India's market regulator has allowed the government's shareholding in IDBI Bank to be reclassified as "public" after its stake sale on condition that it..
BENGALURU - India's market regulator has allowed the government's shareholding in IDBI Bank to be reclassified as "public" after its stake sale on ..
The Reserve Bank of India (RBI) had raised the repo rate by 35 basis points on December 7, bringing the rate up to 6.25 per cent.
While taking the decision, the centra..
The Indian government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a majority stake sale in the lender, two governmen..
The Indian government will extend the deadline to submit expressions of interest for its stake sale in IDBI Bank to early January from Dec. 16 previously, a government so..
Govt to allow consortium of foreign funds to own over 51% in IDBI Bank
The Indian government will allow a consortium of foreign funds and investment firms to own more..
The impressive profits posted by public sector banks (PSBs) during Q2FY23 and H1FY23 and indications of good times ahead may not accelerate government divestment, experts..
India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the governmen..
The Indian government is in talks with the market regulator seeking to relax a key public shareholding norm for the potential buyer of IDBI Bank in a bid to attract a lar..
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