Last Updated: Tuesday, November 26, 2013, 13:31
The foreign currency issuer credit rating on IDBI Bank was cut to 'BB+/B' from 'BBB-/A-3'. The outlook on the long-term rating is negative, S&P had said.
Last Updated: Tuesday, November 26, 2013, 09:54
Shares in IDBI Bank Ltd fell as much as 2 percent on Tuesday after ratings agency Standard and Poor's downgraded the lender's rating to below investment grade citing expectations for weaker asset quality.
Last Updated: Monday, November 25, 2013, 22:46
"...Lowered foreign currency issuer credit rating on India-based IDBI Bank to 'BB+/B' from 'BBB-/A-3'. The outlook on the long-term rating is negative," S&P said in a release.
Last Updated: Saturday, November 16, 2013, 15:19
State-run IDBI Bank on Saturday said it will raise up to Rs 1,200 crore through institutional placement of shares.
Last Updated: Wednesday, October 23, 2013, 17:03
The Finance Ministry on Wednesday decided to pump in Rs 2,000 crore in State Bank of India and Rs 1,800 crore each in IDBI Bank and Central Bank of India as part of the Rs 14,000 crore capital infusion plan for the current fiscal.
Last Updated: Wednesday, October 02, 2013, 19:27
Public sector lender IDBI Bank is hopeful of recovering up to 80 percent of its Rs 800 crore exposure to Kingfisher, even as the revival of the grounded airline remains uncertain.
Last Updated: Monday, September 30, 2013, 17:57
The company signed a "pooled financing" agreement for its wind power assets with Standard Chartered Bank, IDBI Bank Ltd and IDFC," CLP India said in a statement.
Last Updated: Tuesday, September 03, 2013, 15:05
State-run IDBI Bank on said it has elevated Melwyn Rego as the deputy managing director.
Last Updated: Sunday, September 01, 2013, 12:10
This will also improve the net interest margin, which came in at 2.15 percent in June quarter.
Last Updated: Monday, August 19, 2013, 18:02
IDBI Mutual Fund Monday launched an open-ended equity-linked savings scheme (ELSS), 'IDBI tax saving fund', with an aim to provide capital appreciation to investors along with tax benefit.
Last Updated: Wednesday, August 14, 2013, 21:33
State-run lenders IDBI Bank and Oriental Bank of Commerce Wednesday hiked deposit rates by up to 1.50 percent in select maturities.
Last Updated: Thursday, July 18, 2013, 15:36
State-owned IDBI Bank Thursday reported 28.1 percent decline in net profit at Rs 306.95 crore for the first quarter ended June, 2013.
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