IDBI Bank
104.85
+1.42(+1.37%)
Market Cap₹1,11,212.10 Cr
PE Ratio14.77
IndustryBanks
Company Performance:
1D+1.37%
1M+3.54%
6M+36.49%
1Y+24.24%
5Y+126.46%
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More news about IDBI Bank
26Apr 25
IDBI Bank to Announce Q4 and FY25 Results, Consider Dividend on April 28
IDBI Bank Ltd will release its Q4 and FY2025 financial results on April 28, 2025. The board meeting will also consider dividend recommendations. A trading window closure for designated persons is in effect from April 1 to April 30, 2025, to prevent insider trading.
23Apr 25
IDBI Bank Board to Meet for Q4 Results and Dividend Decision
IDBI Bank Ltd. has announced a board meeting for April 28, 2025, to review and approve Q4 and FY2025 audited financial results and consider dividend distribution. The bank has implemented a trading window closure for designated persons until April 30, 2025, in compliance with SEBI regulations.
09Apr 25
IDBI Bank Stake Sale Progresses as Government Pushes Disinvestment Plans
The Indian government is progressing with its plan to sell its stake in IDBI Bank as part of its disinvestment strategy for public sector banks. Simultaneously, IDBI Bank has issued a postal ballot notice to shareholders for voting on special business matters. The e-voting period is set from April 9 to May 8, 2025, with results to be declared by May 10, 2025. The bank has appointed KFin Technologies Limited to manage the remote e-voting process and has named scrutinizers to ensure a fair voting procedure.
03Apr 25
IDBI Bank Reports Robust 13% Growth in Total Business for Q4 FY25
IDBI Bank's Q4 FY25 business update shows significant growth across key metrics. Total business increased by 13% YoY to ₹5,28,714.00 crore. Total deposits grew by 11.75% to ₹3,10,293.00 crore, while net advances rose by 15.8% to ₹2,18,421.00 crore. CASA deposits increased by 3.18% to ₹1,44,478.00 crore. The bank also promoted three executives to Executive Director positions, effective April 1, 2025.
21Mar 25
IDBI Bank Faces ₹36.3 Lakh RBI Penalty for FEMA Violation
IDBI Bank has been penalized ₹36.30 lakh by the Reserve Bank of India for violating Foreign Exchange Management Act regulations. The bank failed to conduct proper due diligence on 363 inward remittances from a foreign currency account between June 2016 and January 2023. IDBI Bank disclosed the penalty to stock exchanges as per SEBI regulations, stating it won't impact their financial operations.
10Mar 25
IDBI Bank Privatisation: Government Aims to Seal Deal by First Half of FY26
The Indian government is advancing the privatization of IDBI Bank, planning to finalize the share purchase agreement this month. Financial bids from prospective buyers will be invited soon. The sale involves a combined 60.72% stake from the government (30.48%) and LIC (30.24%). The privatization process is expected to complete by H1FY26. Due diligence has been completed and data-related issues resolved, marking significant progress in the divestment process.
03Mar 25
IDBI Bank Secures £114 Million Victory in London Court Against Ex-Aircel Promoter
A London court has ruled in favor of IDBI Bank, ordering Chinnakannan Sivasankaran's Siva Industries to pay $143.7 million (₹1,250 crore) for a defaulted loan. The court rejected Siva Industries' argument that a letter of comfort doesn't impose the same liability as a corporate guarantee. While this verdict strengthens IDBI Bank's position internationally, enforcing the judgment in India may face challenges despite the UK being a reciprocating territory for legal matters.
IDBI Bank
104.85
+1.42
(+1.37%)
1 Year Returns:+24.24%
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