IDBI News Today

RBI holds repo rates, as expected, upgrades growth estimates

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RBI decision to hold rates was expected, but the focus was always on monetary stance and GDP growth estimates.

• 08 December, 2023
• 12:14 PM
• less than a minute

RBI Monetary Policy Review: Mr. Suresh Khatanhar, Deputy Managing Director, IDBI Bank

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A broad-based easing in core inflation certainly points towards past monetary actions yielding desired results.

• 08 December, 2023
• 12:02 PM
• less than a minute

Alok Industries benefits from facility arrangements with SBI of Rs 1,750 crore

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Alok Industries has engaged into facility agreements with SBI for a term loan of Rs 1,750 crore for the repayment of previous bank loans as part of financial restructuring, according to a regulatory filing.

• 07 December, 2023
• 3:09 PM
• less than a minute

Paytm will reduce low-cost personal loans following a clampdown by RBI

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This follows a recent increase in the capital requirements for banks and non-bank lenders to cover potential defaults when granting personal loans by the Reserve Bank of India.

• 07 December, 2023
• 11:55 AM
• less than a minute

Warburg Pincus Plans Over Rs 5,000 Crore Share Sale in IDFC First Bank and Bharti Airtel

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The move follows Warburg Pincus' complete exit from Computer Age Management Services Ltd (CAMS) earlier this week.

• 07 December, 2023
• 11:13 AM
• less than a minute

Fireside sells Honasa Consumer’s shares worth Rs 230 crore; stock surges ~4%

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Norges Bank has acquired 0.77% of Honasa Consumer on behalf of The Government Pension Fund Global.

• 06 December, 2023
• 12:53 PM
• less than a minute

Bank of India Gears Up for Rs 4,000 Crore QIP Launch as Shares Open Higher

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The issue price for the QIP is expected to be set at a discount to the Securities and Exchange Board of India (SEBI) floor price

• 05 December, 2023
• 1:32 PM
• less than a minute

ReNew signs agreement with Asian Development Bank for $5.3 billion funding

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Sumant Sinha established ReNew, which has a sustainable energy portfolio of 13.8 gigatonnes (GW) as of September 30, 2023.

• 05 December, 2023
• 10:22 AM
• less than a minute

Zee-Sony Merger: IDBI trusteeship appeals NCLAT against Subash Chandra

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IDBI trusteeship claimed at the NCLT that it is the debenture trustee of 425 debentures issued by Essel Infraprojects.

• 04 December, 2023
• 12:54 PM
• less than a minute

CSB Bank promoter gets RBI approval to retain 26% stake

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The RBI previously mandated bank founders to decrease their shareholding to 15%.

• 01 December, 2023
• 11:26 AM
• less than a minute