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.
Dec 04, 2018, 15:40 PM IST
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.
Aug 02, 2018, 11:23 AM IST
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.
Jul 16, 2018, 14:26 PM IST
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.
Jun 29, 2018, 18:25 PM IST
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.
Jun 29, 2018, 18:21 PM IST
IDBI Bank shares rises 6% intra-day on reports of stake sale to LIC
Government holds about 81 percent stake in IDBI Bank.
Jun 22, 2018, 18:10 PM IST
