trending Market Intelligence /marketintelligence/en/news-insights/trending/5CG9bA3l1DIyB9R8Acst6Q2 content esgSubNav
In This List

Life Insurance Corp. of India raises stake in IDBI Bank

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Banking Essentials Newsletter December 21st Edition

Blog

The Road to Basel IV: Navigating the challenge facing European banks

Blog

Basel Framework- Utilizing data to analyze the capital position of European banks.


Life Insurance Corp. of India raises stake in IDBI Bank

IDBI BankLtd. said March 28 that Life Insurance Corp. of India raised its in the lender to 14.37%from 7.21%.

LIC acquired 158,761,801 additional shares in IDBI Bank,representing a stake of 7.16%, via preferential allotment March 23.

Pricing details of the transaction were not disclosed.