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IDBI Bank
... would have a greater role to play in the bank's affairs. India-based IDBI Bank has said that LIC, which is to purchase a stake in ...
... group Life Insurance Corporation of India (LIC) has approved the acquisition of IDBI Bank, another state-owned entity. The fresh deal is expected to take the ...
... 2018 [Editorial queries for this story should be sent to Shares in IDBI Bank plunged by as much as 7 percent after the LIC board ...
... Global Banking News - 04 July 2018 India-based IDBI Bank's MD, B Sriram, is expected to receive an extension to his ...
... in up to Rs13,000 crore ($1.88 billion) for a 40% stake in IDBI Bank, the worst performer in terms of bad loans last financial year. ...
... union came as the government is preparing to sell a stake in IDBI Bank to LIC, reckoned to be India's biggest insurer. The All India ...
... Development Authority of India (Irdai), has given the go ahead for the LIC-IDBI Bank deal. The move will see the insurer take a majority stake ...
... regulator, IRDA, could ease norms in order to facilitate the takeover of IDBI Bank by insurance firm, LIC. The Indian government had been trying to ...
... with banking, insurance and market regulators before taking a final decision. Debt-laden IDBI Bank could receive a fresh investment from LIC. The funds are to ...
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