Govt, LIC to divest 60.72 per cent stake in IDBI Bank

Oct 07, 2022

New Delhi [India], October 7 : The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake...

Govt may extend dateline for submitting expression of interest of IDBI Bank disinvestment

Dec 09, 2022

In October, the government and the LIC decided to offload a little over 30 per cent each in IDBI Bank. They issued a preliminary...

LIC increases its stake in IDFC First Bank to 2.68 per cent

Jul 04, 2024

The Life Insurance Corporation (LIC) of India has increased its stake in IDFC First Bank

LIC increases stake in Bank of Maharashtra from 4.05 pc to 7.1 pc through QIP

Oct 06, 2024

Life Insurance Corporation of India (LIC) has increased its stake in Bank of Maharashtra, the company informed the exchange in a filing.

IDBI Bank offloads 27 pc stake in IFLI for Rs 595 cr

Aug 06, 2020

Mumbai (Maharashtra) [India], Aug 6 : IDBI Bank said on Thursday it has signed a share purchase agreement with Federal Bank and its Dutch...

IDBI Bank to fetch Rs 595 crore by divesting 27 pc stake in IFLI

Jun 27, 2020

Mumbai (Maharashtra) [India], June 27 : The board of directors at IDBI Bank has approved a plan to offload 27 per cent stake in...