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IDBI Bank is currently trading at Rs. 19.45, down by 0.25 points or 1.27% from its previous closing of Rs. 19.70 on the BSE.The scrip opened at Rs. 19.70 and has touched a high and low of Rs. 19.70 and Rs. 18.75 respectively. So far 31135 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 47.40 on 01-Apr-2019 and a 52 week low of Rs. 17.50 on 13-Mar-2020.Last one week high and low of the scrip stood at Rs. 22.70 and Rs. 17.50 respectively. The current market cap of the company is Rs. 20242.16 crore.The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.15% and 1.74% respectively.IDBI Bank has withdrawn its plan to raise Rs 1,000 crore capital through Basel-III compliant bonds. The bank has taken this decision to withdraw the issue, citing reasons including sudden RBI policy rate cut, CRR cut, liquidity support and other measures announced, causing significant fall in interest rates in the market. This has reference to bank`s earlier disclosure made on March 24, 2020, wherein it was intimated that bids for the issue of Basel-III compliant tier 2 bonds for aggregate total issue size of Rs 1000 crore, with a base size of Rs 500 crore and a greenshoe option to retain oversubscription up to Rs 500 crore.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 37.65, up by 3.75 points or 11.06% from its previous closing of Rs. 33.90 on the BSE.The scrip opened at Rs. 35.50 and has touched a high and low of Rs. 39.85 and Rs. 33.65 respectively. So far 1534161 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 55.95 on 01-Feb-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 39.85 and Rs. 33.65 respectively. The current market cap of the company is Rs. 40640.03 crore.The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.15% and 1.74% respectively.Government is planning to sell stake in IDBI Bank to private investors.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 35.80, up by 0.35 points or 0.99% from its previous closing of Rs. 35.45 on the BSE.The scrip opened at Rs. 35.30 and has touched a high and low of Rs. 35.95 and Rs. 35.30 respectively. So far 26891 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 58.55 on 21-Jan-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 36.40 and Rs. 35.30 respectively. The current market cap of the company is Rs. 37058.72 crore.The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.15% and 1.74% respectively.IDBI Bank has sold in aggregate 17.90 lakh shares constituting 0.36% of the paid up capital of National Stock Exchange of India (NSEIL). As on date, the bank is holding 10,25,683 equity shares in NSEIL constituting 0.21% of the paid up capital.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 34.00, up by 0.50 points or 1.49% from its previous closing of Rs. 33.50 on the BSE.The scrip opened at Rs. 33.90 and has touched a high and low of Rs. 34.45 and Rs. 33.80 respectively. So far 62332 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 09-Jan-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 36.65 and Rs. 33.20 respectively. The current market cap of the company is Rs. 35242.12 crore.The promoters holding in the company stood at 97.46%, while Institutions and Non-Institutions held 0.24% and 2.31% respectively.IDBI Bank has received in-principle approval to divest / dilute its stake in its subsidiaries namely IDBI Capital Market Securities (ICMS) and IDBI Intech (IIL) to the extent of 49% to the prospective investors and retaining controlling stake with the Bank. The Board of Directors of the bank at its meeting held on December 10, 2019 has approved the same.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 34.10, up by 1.30 points or 3.96% from its previous closing of Rs. 32.80 on the BSE.The scrip opened at Rs. 33.80 and has touched a high and low of Rs. 34.35 and Rs. 33.80 respectively. So far 23449 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 09-Jan-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 35.85 and Rs. 32.10 respectively. The current market cap of the company is Rs. 34930.70 crore.The promoters holding in the company stood at 97.46%, while Institutions and Non-Institutions held 0.24% and 2.31% respectively.IDBI Bank has received an approval for sale of entire stake of the Bank in IDBI Asset Management (IAML) and IDBI Mutual Fund Trustee Company (IMTL) and execution of Share Purchase Agreement in this regard. The Board of Directors of the Bank at its meeting held on November 8, 2019, approved the same.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 26.75, up by 0.60 points or 2.29% from its previous closing of Rs. 26.15 on the BSE.The scrip opened at Rs. 26.10 and has touched a high and low of Rs. 27.00 and Rs. 25.90 respectively. So far 636239 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 09-Jan-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 30.50 and Rs. 24.85 respectively. The current market cap of the company is Rs. 20501.18 crore.The promoters holding in the company stood at 97.46%, while Institutions and Non-Institutions held 0.26% and 2.28% respectively.IDBI Bank has introduced a new home loan and auto loan product linked to the Reserve Bank of India`s (RBI) repo rate. The Bank has also introduced bulk deposits linked to the repo or the central bank`s short-term lending rate for commercial banks. The revised rates are applicable from September 10, 2019. IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 43.55, up by 0.20 points or 0.46% from its previous closing of Rs. 43.35 on the BSE.The scrip opened at Rs. 43.35 and has touched a high and low of Rs. 43.60 and Rs. 43.10 respectively. So far 61157 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 77.45 on 21-Mar-2018 and a 52 week low of Rs. 41.50 on 27-Feb-2019.Last one week high and low of the scrip stood at Rs. 44.00 and Rs. 42.45 respectively. The current market cap of the company is Rs. 33536.84 crore.The promoters holding in the company stood at 52.02%, while Institutions and Non-Institutions held 45.40% and 2.58% respectively.IDBI Bank has received approval from its board to borrow up to Rs 4,000 crore in one or more tranches by issuing bonds in the next financial year (FY20). The borrowing would be comprised of Basel III-compliant tier-II bonds and senior bonds (not more than Rs 1,000 crore) by way of private placement during 2019-20.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 43.25, up by 0.15 points or 0.35% from its previous closing of Rs. 43.10 on the BSE.The scrip opened at Rs. 44.00 and has touched a high and low of Rs. 44.00 and Rs. 42.90 respectively. So far 2043853 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 81.80 on 16-Mar-2018 and a 52 week low of Rs. 41.50 on 27-Feb-2019.Last one week high and low of the scrip stood at Rs. 46.00 and Rs. 42.45 respectively. The current market cap of the company is Rs. 33575.52 crore.The promoters holding in the company stood at 52.02%, while Institutions and Non-Institutions held 45.40% and 2.58% respectively.Reserve Bank of India (RBI) has categorized IDBI Bank as a Private Sector Bank for regulatory purposes with effect from January 21, 2019 consequent upon Life Insurance Corporation of India acquiring 51% of the total paid up equity share capital of the Bank. IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 44.55, up by 0.20 points or 0.45% from its previous closing of Rs. 44.35 on the BSE.The scrip opened at Rs. 44.50 and has touched a high and low of Rs. 44.90 and Rs. 44.15 respectively. So far 177466 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 89.80 on 05-Mar-2018 and a 52 week low of Rs. 41.50 on 18-Feb-2019.Last one week high and low of the scrip stood at Rs. 44.90 and Rs. 41.50 respectively. The current market cap of the company is Rs. 34426.51 crore.The promoters holding in the company stood at 52.02%, while Institutions and Non-Institutions held 45.40% and 2.58% respectively.IDBI Bank has received government nod to handle import and export transactions with Iran, a move which would help in promoting two-way trade amid US sanctions on the Persian Gulf nation. The Bank has been identified to route the payments.US President Donald Trump had in May last year withdrawn from the 2015 nuclear accord with Iran, re-imposing economic sanctions against the Persian Gulf nation. Some sanctions took effect from August 6, 2018 while those affecting the oil and banking sectors started from November 4, 2018. India used to pay its third largest oil supplier in euros using European banking channels. But this channel is also blocked from November last year.Bilateral trade between India and Iran increased to $13.8 billion in 2017-18 from $12.9 billion in the previous fiscal. However, India`s exports were only worth $2.5 billion to that country.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
A decrease in the sales to Rs. 54928.20 millions was observed for the quarter ended December 2018. The sales stood at Rs. 57972.00 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2018 is Rs. -41854.80 millions as compared to Net Loss of Rs. -15243.10 millions of corresponding quarter ended December 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Interest Earned 54928.20 57972.00 -5.25 166082.60 178124.00 -6.76 230265.30 277913.70 -17.15 Other Income 6981.20 13280.00 -47.43 21473.20 43123.60 -50.21 70088.80 40078.30 74.88 Interest Expended 41359.50 41316.90 0.10 123119.10 130875.40 -5.93 173862.10 220397.10 -21.11 Operating Expenses 13297.40 13297.40 21.53 37873.20 34914.50 8.47 47446.90 51408.10 -7.71 Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Prov.& Contigencies 65307.30 46585.10 40.19 183466.30 99558.90 84.28 204970.50 132367.00 54.85 Tax -16200.00 -12348.20 31.19 -54924.20 -18349.60 199.32 -43546.10 -34598.80 25.86 PAT -41854.80 -15243.10 174.58 -101978.60 -25751.60 296.01 -82379.20 -51581.40 59.71 Equity 69087.00 26424.90 161.45 69087.00 26424.90 161.45 30838.60 20588.20 49.79 OPM 13.20 32.76 -59.70 15.99 31.13 -48.63 34.33 16.62 106.56
IDBI Bank is currently trading at Rs. 56.85, up by 0.35 points or 0.62% from its previous closing of Rs. 56.50 on the BSE.The scrip opened at Rs. 56.50 and has touched a high and low of Rs. 57.45 and Rs. 56.20 respectively. So far 57854 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 89.80 on 05-Mar-2018 and a 52 week low of Rs. 47.00 on 05-Jul-2018.Last one week high and low of the scrip stood at Rs. 62.60 and Rs. 56.20 respectively. The current market cap of the bank is Rs. 39034.18 crore.The promoters holding in the bank stood at 52.02%, while Institutions and Non-Institutions held 45.40% and 2.58% respectively.IDBI Bank has received approval for the proposal to reinitiate divestment process of IDBI’s stake in IDBI Federal Life Insurance Company. The Board of Directors of the company at their meeting held on January 21, 2019, approved the same.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
IDBI Bank is currently trading at Rs. 60.10, up by 0.10 points or 0.17% from its previous closing of Rs. 60.00 on the BSE.The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 60.30 and Rs. 59.90 respectively. So far 122360 shares were traded on the counter.The BSE group `A` stock of face value Rs. 10 has touched a 52 week high of Rs. 89.80 on 05-Mar-2018 and a 52 week low of Rs. 47.00 on 05-Jul-2018.Last one week high and low of the scrip stood at Rs. 61.40 and Rs. 59.85 respectively. The current market cap of the company is Rs. 27149.13 crore.The promoters holding in the company stood at 85.96%, while Institutions and Non-Institutions held 10.02% and 4.02% respectively.Credit rating agency, CRISIL has downgraded the rating on the Upper Tier II bonds (under Basel II) and Tier I Perpetual bonds (under Basel II) of IDBI Bank to ‘A-’ from ‘A’ and placed the ratings on Rating Watch with Developing Implications because of the weak capital ratios of the bank, which impedes its ability to pay coupon on these instruments.However, CRISIL believes that the Bank will continue to benefit from strong support from GoI, or LIC if the deal were to fructify. The bank`s asset quality and earnings profile are however, expected to remain under pressure over the medium term. The ratings on the Tier II bonds (under Basel III), Infrastructure bonds, Lower Tier II bonds (under Basel II), Omni bonds and Flexi bonds have been reaffirmed at `A+/Stable` while the ratings on the fixed deposits programme and the certificate of deposits programme have been reaffirmed at ‘FAA/Stable’ and ‘A1+’ respectively. The rating on the Tier I Bonds (under Basel III) has been withdrawn as the instruments have been redeemed. The withdrawal is in line with CRISIL`s policy.IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.