IDBI Bank and IDBI merger: It's a 'Yes'! - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

IDBI Bank and IDBI merger: It's a 'Yes'!

Jul 29, 2004

The board of IDBI Bank has taken an in principle decision regarding its proposed merger with parent IDBI. The bank has made this announcement public and the same can be read on the Bombay Stock Exchange website. While the merger between the two entities has been in the offing for sometime now, there was a lot of uncertainty regarding the same. Also IDBI is in the process of conversion in to a commercial bank and seemingly the merger was delayed until IDBI became a full-fledged bank. At the current stage only this announcement has been made public and the merger can happen only post the approval of the shareholders and other regulatory approvals, we will analyse the merger (if it is carried out) in detail as and when further details are available.


Equitymaster requests your view! Post a comment on "IDBI Bank and IDBI merger: It's a 'Yes'!". Click here!

  

More Views on News

How the YES Bank Collapse Unfolded - 10 Points (Sector Info)

Mar 9, 2020

A timeline of how YES Bank went from a stock market darling to a pariah.

Today's Stock Market Crash: 10 Points (Sector Info)

Mar 6, 2020

Top factors that dragged the markets lower today.

More Views on News

Most Popular

How the 8-Year Cycle Can Help Identify Multibaggers (Fast Profits Daily)

Sep 11, 2020

This is how you can apply the greed and fear cycle in the market to pick stocks.

I Recommended this Stock over Page Industries because it's Relevant to Doubling Your Income (Profit Hunter)

Sep 7, 2020

Things are not often what they seem in the market and how you can take advantage of this.

The NASDAQ Whale Could Harm Your Portfolio (Fast Profits Daily)

Sep 7, 2020

The discovery of Softbank pushing up prices on the NASDAQ will cause volatility in the market. Stay alert!

This Could Be the Best September for Auto Stocks (Profit Hunter)

Sep 11, 2020

Here's why I think this month could be a great for auto stocks.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

TRACK IDBI

MARKET STATS