IDBI Asset Management Ltd
Finance
RBI nixes Muthoot Finance's plan to buy IDBI Mutual Fund
The Reserve Bank of India (RBI) has nixed Muthoot Finance Ltd’s plans to enter into the mutual fund business by ......
General
Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund
Private equity firms TA Associates, Warburg Pincus and ChrysCapital have been shortlisted to acquire up to a 44% stake in ......
Finance
IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit
IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......
Finance
LIC-owned IDBI Bank to shed non-core assets, NPAs as part of turnaround plan
IDBI Bank and its new majority shareholder, state-owned Life Insurance Corporation of India (LIC), have chalked out a plan which ......
Finance
IDBI Bank picks bankers for sale of non-core assets
State-run IDBI Bank has hired several investment banks to sell its non-core businesses as part of efforts to shore up ......
Finance
IDBI Bank seeks bankers to sell non-core businesses
State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......
General
IDBI Bank to sell non-core assets
IDBI Bank Ltd plans to sell some non-core investments, as the state-run lender grapples with bad loans and mounting losses.The ......