IDBI Asset Management Ltd

Finance

26 November, 2020

RBI nixes Muthoot Finance's plan to buy IDBI Mutual Fund

The Reserve Bank of India (RBI) has nixed Muthoot Finance Ltd’s plans to enter into the mutual fund business by ......

General

18 November, 2019

Grapevine: Three PE firms in race for SRL stake; Muthoot may buy IDBI Mutual Fund

Private equity firms TA Associates, Warburg Pincus and ChrysCapital have been shortlisted to acquire up to a 44% stake in ......

Finance

30 May, 2019

IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit

IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......

Finance

12 March, 2019

LIC-owned IDBI Bank to shed non-core assets, NPAs as part of turnaround plan

IDBI Bank and its new majority shareholder, state-owned Life Insurance Corporation of India (LIC), have chalked out a plan which ......

Premium

Finance

08 September, 2017

IDBI Bank picks bankers for sale of non-core assets

State-run IDBI Bank has hired several investment banks to sell its non-core businesses as part of efforts to shore up ......

Premium

Finance

14 August, 2017

IDBI Bank seeks bankers to sell non-core businesses

State-owned IDBI Bank has sought representations from investment banks to sell most of its non-core businesses, three people aware of ......

General

21 February, 2017

IDBI Bank to sell non-core assets

IDBI Bank Ltd plans to sell some non-core investments, as the state-run lender grapples with bad loans and mounting losses.The ......