The application process begins May 24 onwards and will end on June 7, 2023.

IDBI Executive Recruitment 2023 open, apply at idbibank.in till June 7

Budget 2023-24 Disinvestment Target: IDBI Bank, Concor key for realisation, otherwise it may have to resort to offer for sale

Govt on track to meet disinvestment target of Rs 51,000 crore for FY24

Somany Ceramics Q4 Results Review - Higher Sales Volume Supported Quarterly Performance: IDBI Capital

This comes at a time when Zee is close to completing a merger with Sony Pictures Network India, a subsidiary of Japan’s Sony Corporation.

One less hurdle for Sony merger: NCLT dismisses IDBI Bank’s insolvency plea against Zee | The Financial Express

The government is planning to offload up to 25% stake in IREDA. It has decided to appoint SBI Capital Markets, BoB Capital Markets and IDBI Capital Markets and Securities as merchant bankers and Saraf and Partners as legal advisor for the IPO, said the official.

DRHP filing for IREDA listing likely in 6 months

NCLT quashes IDBI’s insolvency plea against Zee

Lender has the option to move appellate tribunal to appeal against the order

NCLT rejects IDBI Bank’s insolvency plea against Zee Entertainment

According to Nuvama Institutional Equities, there are chances that stocks such as Jindal Steel and Power (JSPL), IDBI Bank, Punjab National Bank, Canara Bank, TVS Motor, Tube Investment, Zydus Lifesciences and newly-listed firm Mankind Pharma may enter into the largecap category.

AMFI rejig: Mankind Pharma, JSPL shares may enter largecap category; here are other likely changes

IDBI Bank vs Zee Entertainment: In December 2022, IDBI Bank moved to the NCLT claiming an amount of Rs 149.60 crore that has been disputed by Zee Entertainment.

Decks cleared for Zee-Sony merger as NCLT dismisses IDBI Bank’s insolvency plea against Zee Entertainment

Analysts note that this is a positive sign for the merger as the verdict on this case was crucial for the merger.

Zee-Sony merger likely in first half of FY24 after NCLT dismisses IDBI bank insolvency plea

Company FY24E revenue is guided at Rs 27 billion.

PSP Projects Q4 Results Review - Momentum To Pick Up In FY24: 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

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