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What LIC needs to do to turn IDBI Bank profitable

While IDBI Bank’s 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC’s massive agent network to sell its retail loans. But......

Why IDBI Bank will find recovery an uphill task

It has  Rs 20,500 crore of standard stressed pool outstanding as of June 2018. Thus, the entire stressed book (net NPAs and standard stressed pool) is nearly two times its net worth. While......

Will UPI in a new avatar make digital payments safer?

Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC. The National Payments......

LIC gets board's nod to buy majority stake in IDBI Bank

The next step for the Life Insurance Corporation of India is to approach market regulator Sebi, as the bank, which is also state-owned, is a listed entity. The LIC board on Monday gave approval to......

How IDBI Bank stands to gain from the LIC deal

Analysts say strengthening bank’s capital will boost earnings, bank needs chief with long stint to run show Although the IDBI Bank (IDBI)-Life Insurance Corporation of India (LIC) deal may......
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Government not keen to provide any additional capital to IDBI bank

IDBI had reported a loss of Rs 4,918 crore in the last quarter of FY19 and Rs 15,116 crore for the full year. By Dheeraj Tiwari , ET Bureau | Jun... ...
RBI, government to set up selection panel on Acharya replacement after Budget

New Delhi: Following the resignation of Viral Acharya as RBI Deputy Governor six months before his tenure ends, the government and the Reserve Bank... ...
IDBI BANK Surges by 5%; BSE BANKEX Index Up 0.1%

Posted by Equitymaster IDBI BANK share price has zoomed 5% and is presently trading at Rs 36. Meanwhile, the BSE BANKEX Index is at 34,490 (up... ...
IDBI Bank Begins Applications Process for PGDBF Courses at, Know Eligibility, Details, Steps to Apply

Admission of candidates to Manipal School of Banking (MSB) for the current academic session has been announced by the Industrial Development Bank... ...
Homebuyers seek government#39;s intervention

In a letter addressed to PM Modi and FM Nirmala Sitharaman, homebuyers have appealed to the government to direct IDBI Bank and NBCC to resolve... ...

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