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First private, then government, and now private again: Will the sale of IDBI Bank affect your account and LIC policy?
The story of IDBI Bank is taking a new turn once again. Once a private-sector bank, it later came under government control, ...
IDBI Bank Q2 FY27 Results: IDBI Bank on Saturday (October 17) reported a 39 per cent year-on-year decline in standalone net profit to Rs 2,205 crore for the second quarter of FY27, compared with Rs ...
IDBI Bank on Saturday reported a 39 per cent fall in net profit to ₹2,205 crore for the second quarter ended September 2026, as non-interest income moderated. The LIC-controlled bank earned a profit ...
The Indian government has given its nod to sell a majority stake in IDBI Bank to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd, signalling a new chapter for the bank and reflecting ...
IDBI Bank Ltd on Saturday reported a 39 per cent year-on-year (YoY) drop in net profit at Rs 2,205 crore for the September quarter compared with Rs 3,627 crore in the same quarter last year. The ...
The central government on Wednesday approved the long-pending deal to privatise IDBI Bank and reduce state ownership of the commercial lender, with Canada's Fairfax Financial Holdings set to acquire a ...
IDBI Bank on Saturday reported a 39.2 percent year-on-year decline in net profit to Rs 2,206 crore for the second quarter of FY27, compared with Rs 3,627 crore in the corresponding period last year.
IDBI Bank stake sale: LIC share price rose nearly 1% on 14 October, touching an intraday high of ₹401.90 on NSE. IDBI Bank stake sale: IDBI Bank share price crashed over 6.57% in Thursday's trading ...
The government’s decision to average fair market and asset values to determine IDBI Bank’s disinvestment price will not set a precedent for future stake sales, a senior government official said on ...
State lender IDBI Bank on Saturday reported a 39% year-on-year decline in its net profit to Rs 2,205 crore in the second quarter of FY27, from Rs 3,627 crore reported in the posted in the same period ...
The proposed sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings’ parent entity, Canada Inc., for ₹52,878.08 crore marks a significant shift in the lender’s ownership. However, for ...
MUMBAI, Oct 15 (Reuters) - Fairfax plans to transform IDBI Bank (IDBI.NS), opens new tab into a diversified financial services group by bringing its existing Indian investments in insurance, ...
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