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IDBI Bank News

05 May 2025

Govt Moving Ahead With IDBI Bank Disinvestment Plan In Current Fiscal

The Centre and the Life Insurance Corporation of India (LIC) plan to jointly offload a 60.72 per cent stake in IDBI Bank, which comprises 30.48 per cent held by the government and a 30.24 per cent share by the insurance giant.

24 Apr 2025

4 Banks Offering Special FDs Till Date --Check Last Date, Latest Interest Rate

Several banks have rolled back their special FD, senior citizen FD and other offerings. However 4 Indian banks continue to offer special Fixed Deposit schemes for citizens. Check them out.

07 Apr 2025

IDBI Bank's Insolvency Appeal Against ZEEL Dismissed By NCLAT; Know Why

IDBI vs ZEEL Case: In May 2023, the Mumbai arm of the bankruptcy court dismissed IDBI Bank's petition against ZEEL, ruling that the alleged default fell within the protected period under Section 10A IBC.

26 Mar 2025

Last Chance! Special FDs From SBI, Indian Bank, HDFC – Get Up To 8.05% Interes

Many banks in India are offering special fixed deposit (FD) schemes with higher interest rates than regular FDs. These schemes provide up to 8.05 per cent interest for super senior citizens and are a great option for those looking for secure investments. However, these offers are valid only until March 31, 2025.

27 Jan 2025

Bank FD Schemes Launched In 2025 --Check Tenors, Interest Rates, Other Deets

Chick list of top Indian banks that launched new FD schemes this years, and banks offering enhanced FD products.

14 Jan 2025

Banks Hike Interest Rates On FDs --From SBI To BoB, Check List

From Bank of Baroda, IDBI to SBI --Check FD types and interest rates.

State Bank of India

30 Aug 2024

THESE 5 Special FD Schemes With High Interest Rates Are Ending On September 30

Banks had earlier introduced the scheme for a select period to provide senior citizens and regular customers with a chance to get better returns on their investments.

16 Aug 2024

IDBI Bank Revises FD Interest Rates, Extends Utsav Plus Callable FD Deadline

IDBI FD rates revised IDBI Bank Utsav Plus Callable FD dates extended Check latest FD rates

04 May 2024

IDBI Bank Registers 44% Jump In Net Profit For Jan-March Quarter

IDBI Bank's provisions on bad debts written off came down sharply to Rs 1,049 crore from Rs 3,587 crore in the same quarter of the previous year.

home loan rates

16 Dec 2023

Latest Loan Interest Rates 2023: Check Rates Of Leading Banks Here

As you know, changes in MCLR and RLLR have a direct impact on the loan rates. As a result, these adjustments alter the Equated Monthly Installments (EMIs) of borrowers.

State Bank of India

11 Dec 2023

Special FD Schemes With High Interest Rates Of THESE 3 Banks Ending On Dec 31

The current deadline to invest in SBI Amrit Kalash (400 Days) FD Scheme, IDBI Utsav FD Scheme and Indian Bank's IND SUPER 400 Days Scheme is December 31.

21 Sep 2023

IDBI Amrit Mahotsav FD Scheme Deadline Extended, Check New Date, Interest Rate

IDBI Bank has announced that Amrit Mahotsav FD for 375 Days and 444 Days will now be extended up to October 31, 2023.

18 Sep 2023

IDBI Revises FD Rates: Check Interest Rates For General Public, Senior Citizen

IDBI bank has said that revised interest rates are applicable only to the renewals and fresh deposits while existing deposit continue to get interest at the contracted rate.

22 Jun 2023

IDBI Bank Dividend Payment 2023: Check Record Date, Taxation And Other Details

IDBI Bank Dividend Payment 2023: The Bank has notified that the Register of Members and Share Transfer Books of the Bank will remain closed from Friday, July 07, 2023 to Thursday, July 13, 2023.

02 Apr 2023

IDBI Launches New Amrit Mahotsav FD Scheme - Check Details

For deposits expiring in 7 days to 10 years, the bank now guarantees interest rates of 3 percent to 6.25 percent for the general public and 3.5 percent to 6.75 percent for senior citizens.

23 Mar 2023

Former IDBI GM Conspired With Mallya Over Short-Term Loan To Kingfisher: CBI

As per the chargesheet, former IDBI Bank general manager Buddhadev Dasgupta abused his position, conspired with colleagues and Mallya in the matter of sanction and disbursement of short term loan (STL) of Rs 150 crore to Kingfisher Airlines in October 2009.

23 Jan 2023

IDBI Bank Q3 net profit jumps 60 pc to Rs 972 crore

The bank's net interest income (NII) improved by 23 percent during the third quarter of the current fiscal to Rs 2,925 crore, as against Rs 2,383 crore in the same period last fiscal.

26 Dec 2022

IDBI Bank hikes interest rate on Retail Amrit Mahotsav Deposit from today

IDBI bank had also revised the Marginal Cost of Fund Based Lending Rate ( MCLR ) w.e.f. 12-12-2022. The new rates are as below

14 Dec 2022

Big news on Bank privatisation: Finance Ministry sets January 7 deadline

The government and LIC together are looking to sell 60.72 per cent of IDBI Bank and had invited bids from potential buyers in October. The last date for submitting an Expression of Interest (EoI) or preliminary bids was December 16.

07 Dec 2022

IDBI Bank to continue primary dealer business

As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI's treasury actively participates in primary auction of government bonds.

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