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IDBI Bank

Govt set to miss FY24 divestment targets by more than half

Economy

24 November

Govt set to miss FY24 divestment targets by more than half

India will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year ......

Govt cancels bid process to hire valuer for IDBI Bank sale

Finance

22 November

Govt cancels bid process to hire valuer for IDBI Bank sale

The Indian government has cancelled the bidding process to hire an asset valuer for its planned IDBI Bank share sale, ......

Government unlikely to sell stake in IDBI Bank this fiscal

Finance

16 November

Government unlikely to sell stake in IDBI Bank this fiscal

The Indian government does not expect to conclude the sale of IDBI Bank by the end of the financial year ......

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Go First lenders approve $55 mn fund infusion to revive bankrupt airline

Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees ($54.9 million) ......

Zee insolvency case: NCLT dismisses IDBI Bank's plea

TMT

19 May

Zee insolvency case: NCLT dismisses IDBI Bank's plea

The National Company Law Tribunal (NCLT), on Friday, rejected IDBI Bank's insolvency plea against Zee Entertainment. The bank had applied ......

Grapevine: Warburg, Kedaara eye Watertec; Actis, KKR look at Macquarie road assets

General

17 April

Grapevine: Warburg, Kedaara eye Watertec; Actis, KKR look at Macquarie road assets

Private equity firms Warburg Pincus and Kedaara Capital are in separate talks to buy bath fittings and accessories maker Watertec ......

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

Finance

13 April

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority ......

Premium
Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Finance

07 December

Carlyle, Fairfax, DBS likely to bid for IDBI Bank stake

Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank ......

NSDL initiates talks with investment banks for IPO

Finance

22 June

NSDL initiates talks with investment banks for IPO

National Securities Depository Ltd (NSDL), India’s first and biggest depository services company, has initiated talks with investment banks for an ......

Avenue Capital hikes stake in Mumbai-based ARC

Finance

19 May

Avenue Capital hikes stake in Mumbai-based ARC

US-based Avenue Capital has acquired additional stake in Asset Reconstruction Company (India) Ltd (Arcil) from public sector lender IDBI Bank, ......