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Idbi Ltd Idbi Bank

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IDBI Bank to merge with IDBI

IDBI Bank Ltd will merge with Industrial Development Bank of India.The board of directors has taken in-principle decision to merge IDBI Bank Ltd with IDBI, the financial institution informed the......

Two IDBI Bank entities lose chief executives

IDBI Federal Life Insurance managing director (MD) & chief executive officer (CEO) G V Nageswara Rao is leaving at the end of this month.  Sanjay Sharma, chief executive and managing director......

IDBI Bank files insolvency plea against Zee

IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60......

Cabinet clears strategic divestment in IDBI Bank

The Cabinet on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank in line with the Budget announcement earlier this year. The......

IDBI Bank bidders need to seek MHA nod

In a first, the government has made it mandatory for interested buyers of IDBI Bank to provide details for security clearance from the Ministry of Home Affairs (MHA) in the first stage of the......

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