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IDBI Bank Ltd (IDBI.NS)

IDBI.NS on National Stock Exchange of India

75.75INR
6:22am EDT
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Rs0.85 (+1.13%)
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Tue, Mar 21 2017

BRIEF-IDBI Bank approves capital issue worth up to 25 bln rupees to India govt, other financial institutions

* Says approved proposal for issue of capital to India government and other financial institutions, worth up to 25 billion rupees Source text: http://bit.ly/2nF8gtw Further company coverage:

BRIEF-IDBI Bank to consider preferential issue of capital to India govt

* Says to consider preferential issue of capital to India government Source text - (http://bit.ly/2nMmEMu) Further company coverage:

BRIEF-IDBI Bank gets in-principle nod to divest some non-core investments

* Says board of directors has approved in-principle the proposal to divest some of its non-core investments Source text: http://bit.ly/2kGESSR Further company coverage:

UPDATE 1-India's IDBI Bank sees bad loans rising in next quarters

* May have to slow lending growth to conserve capital (Updates with outlook, executive comments)

India's state-run IDBI Bank reports $335 mln Q3 net loss

MUMBAI, Feb 7 India's IDBI Bank Ltd reported its third-quarter net loss widened to 22.55 billion rupees ($335 million) as provisions for bad loans surged.

BRIEF-IDBI Bank Dec qtr loss widens

* IDBI Bank Ltd - dec quarter net loss 22.55 billion rupees versus loss of 21.84 billion rupees year ago

BRIEF-Strides Shasun had working capital sanction of 1.55 bln rupees in 2009 from IDBI Bank

* Strides Shasun Ltd says co had an aggregate working capital sanction of 1.55 billion rupees in year 2009 from IDBI Bank, part of consortium bankers

BRIEF-IDBI Bank Sept-qtr profit down about 54 pct

* Sept quarter net profit 555.2 million rupees versus net profit of 1.20 billion rupees year ago

BRIEF-IDBI Bank says not received any communication from GoI on stake sale

* IDBI Bank clarifies on news item "Bid to get stalled selloff moving again government to retain majority to push IDBI"

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