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IDBI Bank collects Rs 2 trillion in taxes in FY14

Last Updated: Friday, April 04, 2014, 21:39

The bank has surpassed the Rs 1-trillion-mark in direct tax collection during the year, a statement said.

PSU banks line up QIP issues worth over Rs 15,000 cr

Last Updated: Sunday, December 29, 2013, 13:06

Apart from State Bank of India and IDBI Bank, Indian Overseas Bank, Dena Bank and Allahabad Bank have also evinced interest in raising funds through qualified institutional placement (QIP).

IDBI MF plans to increase retail reach next year

Last Updated: Sunday, December 29, 2013, 11:21

As per the fund house, it has grown very fast compared to others which have started operations in the last three years.

Next year likely to bring cheer to MF industry: IDBI MF

Last Updated: Tuesday, December 24, 2013, 23:16

At the end of November 30, total assets under management of mutual funds rose to Rs 8.9 lakh crore from Rs 7.01 lakh crore as on March 31, 2013.

IDBI Bank shares fall 2% after S&P lowers rating

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.

IDBI Bank falls on S&P downgrade to below investment grade

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.

S&P lowers IDBI Bank on foreign currency issuer credit rating

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.

IDBI Bank to raise Rs 1,200-cr fresh capital through QIP

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.

SBI to get Rs 2000 cr as part of Rs 14K cr banks fund infusion

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.

IDBI Bank hopeful of recovering 80% of Kingfisher dues

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.

CLP India ties up with StanChart, IDBI Bank, IDFC for finance

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.

Rego elevated as Deputy MD at IDBI Bank

Last Updated: Tuesday, September 03, 2013, 15:05

State-run IDBI Bank on said it has elevated Melwyn Rego as the deputy managing director.