IDBI News Today

HDFC AMC Gains RBI Approval for Up to 9.5% Stake in Karur Vysya Bank and DCB Bank

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Karur Vysya Bank confirmed the RBI's approval, specifying that HDFC AMC must ensure its aggregate holding in the bank does not exceed 9.5% of the paid-up share capital.

• 29 September, 2023
• 2:36 PM
• less than a minute

Private Equity-Backed Capital Small Finance Bank Files Draft Papers for IPO

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The IPO comprises a fresh issue of Rs 450 crore and an offer-for-sale of up to 24.12 lakh shares by existing shareholders and promoters.

• 29 September, 2023
• 2:04 PM
• less than a minute

Bank of Baroda on a buyer lookout for its New Zealand subsidiary

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BoB NZL, founded in 2008, was New Zealand's first Indian bank. It has two locations: Auckland and Wellington.

• 28 September, 2023
• 9:25 AM
• less than a minute

Indian Markets Close Up on September 27, PSU Banks Lead Gains

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Sun Pharma, IndusInd Bank, Larsen & Toubro and UltraTech Cement were among the gainers on Sensex.

• 27 September, 2023
• 3:40 PM
• less than a minute

Aditya Birla Fashion completes purchase of 51% stake in TCNS Clothing, becomes promoter

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A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.

• 27 September, 2023
• 2:36 PM
• less than a minute

Kotak Mahindra Bank is given relief as SC sustains its immunity from fines and prosecution for ...

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According to the bench in the Kotak Mahindra Bank case, "the high court ought not to have sat on appeal as to the sufficiency of the material and particulars placed before the commission, on the basis of which the commission proceeded to grant immunity from prosecution and penalty."

• 27 September, 2023
• 10:45 AM
• less than a minute

REC join hands with Punjab National Bank to finance projects in various sectors

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TSC Bosh, Executive Director (Infra & Logistics), REC, and PNB Chief General Manager Rajeeva signed the MoU.

• 27 September, 2023
• 10:00 AM
• less than a minute

Zen Technologies Ltd. Bags order worth Rs 227.65 crores

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A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.

• 26 September, 2023
• 12:41 PM
• less than a minute

Aditya Birla Finance Launches Rs 2,000 Crore NCD Public Issue

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NCDs are fixed-income securities listed on BSE and NSE, offering an alternative to bank and corporate FDs for investors with medium risk tolerance

• 26 September, 2023
• 11:44 AM
• less than a minute

TCS Extends Partnership with Standard Bank Group for Streamlined Custody Operations in 15+ Mark...

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The collaboration of over 25 years aims to upgrade SBG's platform with next-gen tech, enabling cloud-based critical business operations by 2026

• 26 September, 2023
• 11:35 AM
• less than a minute