IDBI Launches New Amrit Mahotsav FD Scheme - Check Interest Rate, Maturity Period, And Other Details
For deposits expiring in 7 days to 10 years, the bank now guarantees interest rates of 3 percent to 6.25 percent for the general public and 3.5 percent to 6.75 percent for senior citizens.
Apr 02, 2023, 18:17 PM IST
Former IDBI GM Conspired With Vijay Mallya Over Short-Term Loan To Kingfisher Airlines: CBI
As per the chargesheet, former IDBI Bank general manager Buddhadev Dasgupta abused his position, conspired with colleagues and Mallya in the matter of sanction and disbursement of short term loan (STL) of Rs 150 crore to Kingfisher Airlines in October 2009.
Mar 23, 2023, 13:25 PM IST
IDBI Bank Q3 net profit jumps 60 pc to Rs 972 crore
The bank's net interest income (NII) improved by 23 percent during the third quarter of the current fiscal to Rs 2,925 crore, as against Rs 2,383 crore in the same period last fiscal.
Jan 23, 2023, 19:25 PM IST
IDBI Bank hikes interest rate on Retail Amrit Mahotsav Deposit, new rates effective from December 26
IDBI bank had also revised the Marginal Cost of Fund Based Lending Rate ( MCLR ) w.e.f. 12-12-2022. The new rates are as below
IDBI Bank privatization: Govt extends bid submission deadline till January 7 for IDBI Bank sale
The government and LIC together are looking to sell 60.72 per cent of IDBI Bank and had invited bids from potential buyers in October. The last date for submitting an Expression of Interest (EoI) or preliminary bids was December 16.
Dec 14, 2022, 16:20 PM IST
IDBI Bank to continue primary dealer business even if foreign bank acquires majority stake
As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI's treasury actively participates in primary auction of government bonds.
Dec 07, 2022, 11:41 AM IST
IDBI Bank festive dhamaka! IDBI hikes FD rates --Check new rates here
IDBI Bank said it will levy a penalty of 1%, on the applicable rate for deposits closed prematurely. Such closures include the withdrawals through sweep-ins and partial withdrawals as well.
Oct 21, 2022, 14:15 PM IST
Stage set for IDBI Bank's privatisation: Govt, LIC invite bids to sell 60.72 percent stake
The successful bidder would be required to mandatorily lock-in at least 40 per cent of the equity capital for five years from the date of acquisition.
Oct 07, 2022, 20:18 PM IST
THESE two banks closing down their special senior citizen fixed deposit (FD) schemes from October 1, 2022
Two significant private lenders HDFC and IDBI Banks recently stated that they would cease their separate senior-focused special fixed deposit (FD) programmes on October 1.
Sep 23, 2022, 13:29 PM IST
Government to sell stake in THIS big bank! Know the complete planning
The Cabinet Committee on Economic Affairs had given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank in May 2021.
Aug 31, 2022, 08:52 AM IST
IDBI Bank launches special 500-days high interest deposit scheme; Check details
The scheme offers a 6.10% interest rate for the callable deposits (which can be withdrawn before maturity period) and a 6.20% rate for non-callable deposits (which can’t be withdrawn before maturity period).
Aug 24, 2022, 15:15 PM IST
IDBI Recruitment 2022: Hurry Up! last date to apply for 226 SO Posts TODAY at idibank.in; check details here
IDBI will end the registration process for the posts of Specialist Officers(SO) today, July 10, 2022. Interested and eligible can apply online through the official website idbibank.in.
Jul 10, 2022, 20:05 PM IST
IDBI Bank raises interest rates on Retail Term deposit: Check new rates
Following table denotes comparison of IDBI Bank’s existing retail term deposit rates vis-à-vis revised interest rates effective from June 15, 2022:
Jun 15, 2022, 09:55 AM IST
RBI slaps penalties on Axis, IDBI Bank; will customers get impacted? Check here
RBI said that the penalty of Axis Bank has been imposed for non-compliance with certain directions issued by the regulator.
Apr 08, 2022, 19:58 PM IST
IDBI Bank to invest over Rs 272 crores in bad bank NARCL
The bank's final holding in NARCL and IDRCL will be 5 per cent and 9 per cent, respectively.
Mar 11, 2022, 19:58 PM IST
Diamantaire group Sanghavi Exports defaults on IDBI Bank's loans worth Rs 16.72 crore
Banking circles describe it as the "second biggest" default of its kind notched by a diamond industry entity after the infamous Punjab National Bank scam of around Rs 14,000 crore involving Mehul Choksi and Nirav Modi - erupted in early 2018, shaking the country's banking industry.
Dec 20, 2021, 17:21 PM IST
IDBI Bank introduces festive offers on home, auto and education loans, check details
IDBI Bank has launched festive offers on loans, education loans, and home loans.
Oct 06, 2021, 15:36 PM IST
IDBI Bank revises FD interest rates - Check new fixed deposit rates here
Here are the new/revised interest rates on its IDBI Bank Fixed Deposit effective from August 16.
Aug 25, 2021, 16:26 PM IST
IDBI Recruitment 2021: Last day to apply for 920 Executive posts, here’s how to apply
Today i.e. Wednesday (August 18) is the last day to apply for the job. The application process had started on August 4.
Aug 18, 2021, 16:26 PM IST
IDBI Bank Recruitment 2021: 650 vacancies of Assistant Manager posts; know dates, eligibility, and important details
This IDBI recruitment drive is being conducted to fill a total of 650 seats.
Aug 10, 2021, 22:52 PM IST