MUMBAI: Rating agency Standard & Poor’s has said that IDBI Bank risks a downgrade if it does not get the promised capital from the Life
Tag: LIC
IDBI Bank gets government nod for acquisition by LIC
MUMBAI: IDBI Bank on Wednesday said it has received approval to bring down the government stake to below 50 per cent and get acquired by
LIC-IDBI Bank deal: Bank employees oppose proposed take over
Last week, IRDA permitted LIC to increase stake in the debt-ridden IDBI Bank from the current 10% to up to 51%. Photo: Mint New Delhi:
LIC IDBI Bank deal: The good, the bad, the ugly
LIC is likely to put up to ₹ 13,000 crore to buy up to 51% stake in IDBI Bank and this money will largely come
A little bit of IDBI Bank in my LIC policy
The larger question in the LIC-IDBI Bank acquisition story is around the asset liability numbers of LIC and who has oversight of them. Photo: Ramesh
Irdai permits LIC to pick up to 51% stake in debt ridden IDBI Bank
NEW DELHI: Insurance regulator Irdai on Friday permitted LIC to pick up to 51 per cent stake in the debt ridden IDBI Bank, sources said.
IDBI Bank says ‘no discussion’ on Rs 13,000 crore capital infusion by LIC
NEW DELHI: State-owned IDBI Bank on Friday said no discussion has taken place with regard to capital injection of Rs 13,000 crore in the bank
IRDA may ease the 15% rule to let LIC buy IDBI Bank
The government has been trying to privatize IDBI Bank for the past couple of years due to rising losses and NPAs. Photo: Bloomberg Mumbai: The