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Why is IDBI up 8,33%?
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IDBI:NSE
IDBI Bank Ltd
₹89,85
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+8,33%(+6,91) 1D
14 Okt., 15:30:00 GMT+5:30 · INR
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| Symbol | Price | Change | % Change |
|---|
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Open
₹84,80
High
₹93,60
Low
₹84,33
Mkt. cap
972,45 mjd
Avg. vol.
13,77 m
Volume
148,60 m
P/E ratio
10,37
52-wk high
₹118,38
52-wk low
₹61,01
EPS
₹8,67
Shares outstanding
3,08 mjd
No. of employees
19 k
Open
₹84,80
High
₹93,60
Low
₹84,33
Mkt. cap
972,45 mjd
Avg. vol.
13,77 m
Volume
148,60 m
P/E ratio
10,37
52-wk high
₹118,38
52-wk low
₹61,01
EPS
₹8,67
Shares outstanding
3,08 mjd
No. of employees
19 k
News stories
From web sources and news partners
Yahoo Finance
·
5 uur gelede
Fairfax Declared “Strategic Buyer” in Auction to Acquire Interest in IDBI Bank; Plans to Contribute Digit Insurance and IIFL Capital to IDBI Bank
Big News Network.com
·
8 uur gelede
Canada sees scope for more investments in India after Fairfax-IDBI bank deal: Minister Sidhu
TradingView
·
8 uur gelede
IDBI Bank stake sale to Fairfax raises job security concerns; Finance Ministry assures staff protection
WSJ
·
13 uur gelede
Fairfax Financial Buying Majority Stake in India’s IDBI Bank
Profile
Industrial Development Bank of India or IDBI is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India and Government of India. It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964, IDBI as a development finance institution, which provided financial services to industrial sector.
In 2005, the institution was merged with its subsidiary commercial division, IDBI Bank, and was categorised as "Other Public Sector Bank" category. Later in March 2019, Government of India asked LIC to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. Consequent upon LIC acquiring 51% of the total paid-up equity share capital, the bank was categorised as a 'Private Sector Bank' for regulatory purposes by Reserve Bank of India with effect from 21 January 2019. IDBI was put under Prompt Corrective Action of the Reserve Bank of India and on 10 March 2021 IDBI came out of the same. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India vide its communication F.No. Wikipedia
About IDBI Bank Ltd