Moody's upgrades IDBI Bank's rating by a notch on LIC takover
The upgrade follows the Life Insurance Corporation acquiring 51 percent stake in the crippled lender which has around 32 percent of its assets as dud loans, thereby, improving its solvency.
Jan 24, 2019, 12:47 PM IST
S&P affirms IDBI Bank rating; LIC capital infusion to accelerate write-offs
The rating agency has removed IDBI Bank's ratings from 'CreditWatch', where they were placed with negative implications on August 17, 2018.
Jan 08, 2019, 14:40 PM IST
Moody's downgrades IDBI; bank says govt support continues
Moody's Investors Service on Thursday downgraded state-owned IDBI Bank's rating citing asset quality concerns and extremely weak capitalisation.
May 25, 2017, 14:57 PM IST
