IDBI stake sale | Zee News

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IDBI stake sale News

LIC's open offer

04 Dec 2018

Govt not to participate in LIC's open offer in IDBI Bank

LIC's open offer to purchase 26 per cent shares of IDBI Bank opened on December 3 and will close on December 14.

02 Aug 2018

Cabinet nod for LIC to acquire controlling stake of IDBI Bank

Post the transaction, IDBI Bank would become a subsidiary of LIC and the insurer would have 51 percent stake.

16 Jul 2018

LIC board nod for acquisition of up to 51% stake in IDBI Bank

Now the state-owned Life Insurance Corporation of India (LIC) will approach markets regulator Sebi.

29 Jun 2018

IDBI Bank says 'no discussion' on Rs 13,000-cr capital infusion by LIC

IDBI Bank is saddled with huge amounts of bad loans and the government wants to revive the lender.

29 Jun 2018

IDBI Bank shares soar over 10%, m-cap rises by Rs 7,567 crore

The company's market valuation surged Rs 7,566.73 crore to Rs 22,954.73 crore.

22 Jun 2018

IDBI Bank shares rises 6% intra-day on reports of stake sale to LIC

Government holds about 81 percent stake in IDBI Bank.

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