NRE and NRO customers can get an interest rate of up to 7.15 per cent for 444 days and senior citizens can get an interest rate of 7.65 per cent on a tenure of 375 days in the Amrit Mahotsav FD scheme.

IDBI Extends Deadline To Invest In Amrit Mahotsav FD Scheme To October 31 - News18

Harmonisation impact on opening networth.

HDFC Bank - Excess Liquidity Impacted Margins: IDBI Capital

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.

IDBI Bank Revises FD Rates: Check IDBI Bank FD Interest Rates For General Public, Senior Citizens From September 15, 2023

IDBI Bank has also lodged an appeal against the NCLT’s decision to endorse the merger.

Axis Finance Challenges Zee-Sony Merger Approval By NCLT

Samhi Hotels will launch its IPO on September 14 and the issue closes on Sep-18, with a price band of Rs 119 to Rs 126 Apiece.

Samhi Hotels IPO - Key Investment Rationale, Issue Details, Strategies, Financials, Risks: IDBI Capital

Coffee Day said it ‘is seeking appropriate legal advice and will take all appropriate steps to protect its interest in the matter’

IDBI Trusteeship moves NCLT for insolvency proceedings against Coffee Day for alleged default of Rs 228 cr

On August 10, NCLT approved the merger of Zee Entertainment Enterprises and Culver Max Entertainment.

IDBI Bank Challenges NCLT Verdict On Zee-Sony Merger - News18

Interested asset valuers for strategic divestment in IDBI Bank can submit bids until October 9.

IDBI Bank Privatisation: Government Invites Bids To Appoint Asset Valuer - News18

In the past two trading days, the stock has rallied 16 per cent as the government invited bids to appoint an asset valuer for IDBI Bank’s divestment.

IDBI Bank Shares Rally 7% To Hit 5-Year High Today; Here’s Why Is It Rising - News18

Zee Entertainment’s fate hangs in balance as the NCLAT to hear the insolvency case.

NCLAT Notice To Zee Entertainment In IDBI Bank’s Appeal Against Dismissal Of Insolvency Plea

Average cement prices at an all-India level was -1% month-on-month in August 2023.

Cement Sector Check - Marginal Decline In Prices: IDBI Capital

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

IDBI Bank Limited  provides personalized banking and financial solutions to its clients. Its segments include wholesale banking, retail banking and treasury services.

IDBI Bank Ltd