IDBI executive admit card 2023 has been released on idbibank.in. Candidates can check hall ticket direct download link, exam pattern and other details.
Aspirants can apply for the IDBI SCO recruitment 2023 through the official website-- idbibank.in. Check vacancy details, application fee, how to apply and more.
According to the official notification, the bank has scheduled the IDBI Assistant Manager Recruitment 2023 exam on April 16, 2023. Check exam date, admit card download link and other details.
Life Insurance Corporation (LIC) holds 529.41 crore shares representing 49.24 per cent stake in IDBI Bank, while the government holds 488.99 crore shares or 45.48 per cent stake.
IDBI recruitment exam 2021 is going to be held on September 5. Admit card for the same was released on August 26.
There are in total 920 executive posts, and the contract will be for a period of one year and can be extended to 2 years depending on the performance. Apply till August 18 at idbibank.in
The central government and LIC together own more than 94 per cent equity of IDBI Bank.
IDBI Bank on Wednesday announced video-based customer identification process, in line with the RBI's decision to allow banks to accept the method due to the coronavirus posed challenges to the economy.
Turning the corner, IDBI Bank on Saturday posted a profit of Rs 135 crore for the March quarter on account of recoveries from bad loans. The lender reported a profit after 13 straight quarters of net losses.
The RBI had placed IDBI Bank in May 2017, after it had breached the thresholds for capital adequacy, asset quality (net NPAs was over 13 per cent in March 2017), return on assets and the leverage ratio.
IDBI Bank SO Recruitment 2019 | IDBI Bank has invited applications for eligible candidates to recruit for 61 posts of Specialist Officer. Aspirants can visit the official website of IDBI bank -- idbibank.in for registration, application and more details.
The issue saw a keen fight among banks and separately between the financial institutions and Essar Steel's operational creditors who alleged that ArcelorMittal's winning bid did not meet their dues. ArcelorMittal already won the bid for Essar Steel, having got the NCLT approval for its Rs 42,000 crore bid.
IDBI Bank further said its board will meet on October 4 to "consider the preferential allotment of equity shares to LIC aggregating up to 51 per cent..."
Earlier this month, the Union Cabinet had approved LIC's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank.
LIC already has 7-7.5 per cent stake in the bank and will acquire the remaining for majority holding.
According to a BSE filing, the lender received LIC's proposal to acquire the controlling stake, as a "promoter through preferential allotment of shares or open offer" on Monday.
Insurance regulator IRDAI has already given its approval to the insurer for the stake purchase.
Sources added that if the deal goes through, the IDBI Bank would get a capital support of Rs 10,000-Rs 13,000 crore.
The bank had complained to the CBI on December 14 last year disclosing that it had sacked Rao.
The ED filed the chargesheet a day after the Westminster Magistrates Court in London granted Mallya bail till December 4 in the extradition case.
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