IDBI Bank

Kotak stressed assets fund pulls Jindal Stainless out of debt rejig

Manufacturing

02 March, 2020

Kotak stressed assets fund pulls Jindal Stainless out of debt rejig

The distressed assets fund of Kotak Investment Advisors announced its debut deal with a Rs 500 crore ($69 million) investment...

General

20 February, 2020

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

Private equity funds including Apax Partners and Kedaara Capital are in early discussions to acquire US-headquartered IT company...

Finance

01 February, 2020

Budget 2020: Govt to sell stake in LIC, doubles disinvestment target

The government has doubled its disinvestment target for the next fiscal year to Rs 2.1 trillion (about $29.36 billion) to ......

Finance

22 November, 2019

Muthoot Finance to acquire IDBI Mutual Fund

Muthoot Finance Ltd said on Friday it has agreed to acquire IDBI Asset Management Ltd and IDBI MF Trustee Company ......

General

18 November, 2019

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 ......

General

25 October, 2019

Grapevine: Edelweiss MF circles IDBI unit; Thomas Cook may buy TC brand

Edelweiss Mutual Fund has emerged frontrunner for IDBI Asset Management Company as the entity has entered the final stage of ......

Premium

Finance

03 October, 2019

Smaller ARCs chase bulk deals to step up bad-loan purchases

Smaller asset reconstruction companies (ARCs) are stepping up their bad-loan purchases as they consider buying in bulk a pool...

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Finance

02 July, 2019

Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so...

General

04 June, 2019

Greenko gets $495 mn from GIC, ADIA; KKR-backed Avendus in race for IDBI Mutual Fund

Singapore sovereign wealth fund GIC and the Abu Dhabi Investment Authority (ADIA) are making an equity investment of $495 million...

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Finance

04 June, 2019

IDBI Bank looks to speed up asset-sale plans in turnaround bid

IDBI Bank hopes to complete the sale of its mutual fund and insurance businesses as well as that divestment of ......

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