Aapka Bazaar: Expert on IDBI Bank, Fortis Healthcare & Eicher Motors

The expert gives advice on the shares of IDBI Bank, Fortis Healthcare and Eicher Motors.
To know more check out the full video.

Govt exploring options to dilute stake in IDBI Bank
Govt exploring options to dilute stake in IDBI Bank

Various options are being considered, including strategic sale and offer for sale (OFS), for dilution of the government stake in IDBI Bank, but these are at a preliminary stage, sources said.

RBI impact: Banks cut interest rates; loans to turn cheaper
RBI impact: Banks cut interest rates; loans to turn cheaper

A number of banks including state-run PNB, IDBI Bank and Bank of Baroda, as also private sector lender Axis Bank Wednesday lowered lending rates -- a day after RBI surprised with a larger-than-expected policy rate cut and prodded banks to pass on the benefits.

IDBI Bank cuts base rate by 0.25% to 9.75%

RBI Governor Raghuram Rajan on Wednesday dismissed rumours that he is in the race for the job of Managing Director of the International Monetary Fund (IMF), saying he has not applied for it.

IDBI sees opportunities in development projects of Centre

IDBI Bank sees opportunities in the development projects initiated by the Modi government, especially in the railways, a top bank official said Saturday.


IDBI Bank to raise $7.5 bn via debt

IDBI Bank on Friday said its Board has approved raising of foreign currency debt up to USD 7.5 billion (about Rs 49,000 crore).

IDBI not selling bad loans to ARCs; PNB thinks of new ways

Even as they sit on mountain of bad loans, public sector lender IDBI Bank Tuesday said it's not selling stressed loans to ARCs, while its larger peer PNB said it prefers innovative ways to tackle the situation.

IDBI Bank gets shareholders nod to raise up to Rs 26,000 cr

The bank in a statement said, AGM convened yesterday has passed "enabling for issue of shares up to Rs 6,000 crore (inclusive of premium amount) through various modes of issues including QIP".

IDBI Bank Q1 net profit rises 27% to Rs 135 crore

State-run IDBI Bank on Wednesday reported 27.3 percent rise in net profit to Rs 135.18 crore for the quarter ended June 2015.

IDBI Bank to raise Rs 26,000 crore through equity, bonds

Public sector lender IDBI Bank plans to raise Rs 26,000 crore through a mix of equity and bonds to fund its business growth.

CBI registers case against businessman 'close to Mamata' for fraud

The CBI has registered a case against Shibaji Panja, considered close to West Bengal Chief Minister Mamata Banerjee, his two colleagues and his company for allegedly cheating IDBI Bank in tune of over Rs 180 crore.

IDBI reports 5% increase in Q4 net profit

State-run IDBI Bank Tuesday reported a 5 percent jump in its net profit at Rs 546 crore in the quater ended March 31, against Rs 518 crore in the corresponding period last year, on the back of growth in its overall business.

Now PNB, IDBI Bank do it, cuts lending rate by 0.25%

Joining the rate cut spree, two public sector lenders, Punjab National Bank and IDBI Bank, Wednesday cut their base rates by 0.25 percent to 10 percent, which will lead to lower EMIs for its customers.

IDBI looking at FPO to shore up capital base

Public sector lender IDBI Bank on Tuesday said it is awaiting correct valuation before coming out with a follow-on public offer, which will help it shore up its capital base.

IDBI Bank's NSE stake sale in next fiscal only

State-owned IDBI Bank plans to sell its entire 5 per cent stake in leading stock exchange NSE in the next fiscal as part of its capital raising exercise by existing non-core businesses.

IDBI Bank to raise Rs 20,000 cr from bond issuance in FY'16

In order to fund its business growth, state-owned IDBI Bank Wednesday said it plans to raise Rs 20,000 crore through bond issuance in more than one tranches from domestic market next fiscal.

PSU bank chiefs selection: Pvt bankers can apply, too

In a bid to attract talent from a wider pool, the Finance Ministry has invited private sector bankers, besides the regular public sector executives, to apply for the top job at five large state-owned lenders.

IDBI Bank Q3 Net flat at Rs 102.79 cr

The bank had a net profit of Rs 103.96 crore in the third quarter of 2013-14 fiscal.

IDBI to sell 5% stake in NSE

IDBI Bank will sell its entire 5 percent stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector lender about Rs 1,000 crore.