Web08. jul 2024. · Non promoter shareholding stands at 5.29 per cent. LIC's holding in IDBI Bank would be sold along with the government's stake in the lender's disinvestment, but the exact quantum of stake dilution is yet to be decided, the Department of Investment and Public Asset Management (DIPAM) has said. The central government and LIC together … Web01. maj 2024. · LIC had bought a 51 per cent stake in IDBI Bank in 2024 for Rs 21,624 crore at an average price of Rs 61 per share. However, IDBI Bank scrip is trading much lower …
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WebThere’s still some confusion over what stake LIC will take in IDBI – latest news reports say that it pick up another 30% or so, bringing its holding to 40%, while others say that will … Web21. feb 2024. · IPO-bound Life Insurance Corporation (LIC) on Monday said it would like to retain some stake in IDBI Bank so that the insurer continues to reap the benefits of the … ping g410 driver headcover
RBI begins evaluating potential bidders for IDBI Bank - ET BFSI
Web14. apr 2024. · The government owns 45.48% of IDBI Bank and is planning to divest a 30.48% stake in the lender while Life Insurance Corporation of India (LIC), which holds … Web22. mar 2024. · by OMMCOM NEWS. March 22, 2024. in Business. New Delhi: The Competition Commission of India (CCI) has approved the proposed combination involving LIC Mutual Fund Asset Management Ltd’s (LIC AMC) acquisition of the management rights over the schemes of IDBI MF from IDBI Asset Management Ltd (IDBI AMC). The … Web21. jan 2024. · IDBI Bank Monday said insurance behemoth LIC has completed acquisition of 51 per cent controlling stake in the bank, making it the lender's majority shareholder. "The deal, conceptualised in June 2024, is envisaged as a win-win situation for both IDBI Bank and LIC with an opportunity to create enormous value for shareholders, customers & … ping g410 driver comparison