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IDBI Bank to raise $7.5 bn via debt

Last Updated: Friday, August 28, 2015, 18:02

IDBI Bank on Friday said its Board has approved raising of foreign currency debt up to USD 7.5 billion (about Rs 49,000 crore).

IDBI Bank gets shareholders nod to raise up to Rs 26,000 cr

Last Updated: Thursday, August 13, 2015, 19:26

The bank in a statement said, AGM convened yesterday has passed "enabling for issue of shares up to Rs 6,000 crore (inclusive of premium amount) through various modes of issues including QIP".

IDBI Trusteeship acquires 6.44% equity shares of Adani Power

Last Updated: Thursday, June 18, 2015, 20:42

IDBI Trusteeship Services Limited has acquired 6.44 percent shares of Adani Power after it invoked pledges on 18.49 crore shares of the company on June 17.

IDBI looking at FPO to shore up capital base

Last Updated: Tuesday, April 21, 2015, 15:58

Public sector lender IDBI Bank on Tuesday said it is awaiting correct valuation before coming out with a follow-on public offer, which will help it shore up its capital base.

IDBI Bank falls on S&P downgrade to below investment grade

Last Updated: Tuesday, November 26, 2013, 09:54

Shares in IDBI Bank Ltd fell as much as 2 percent on Tuesday after ratings agency Standard and Poor's downgraded the lender's rating to below investment grade citing expectations for weaker asset quality.