IDBI Bank

Not considering any proposal for merger with United Bank: IDBI Bank

IDBI-BankNew Delhi: State-owned IDBI Bank has said it is not considering any proposal to merge Kolkata-based United Bank of India with itself.

"We confirm that so far no proposal for merger of United Bank of India with IDBI Bank has been discussed at IDBI Bank's board meeting and also no communication from Government of India in respect of the above has been received by the bank," IDBI Bank said in a statement.

Meanwhile in separate statement, United Bank of India said that there is no negotiations taking place for merger of the bank.

IDBI Bank inks agreement to finance FICCI's MSME members

IDBI Bank inks agreement to finance FICCI's MSME membersMumbai: State-run IDBI Bank on Monday said it had entered into an agreement with FICCI, under which it would finance the industry lobby's small business members.

A memorandum of understanding (MoU) was signed by IDBI Bank Deputy Managing Director B K Batra, FICCI Secretary General A Didar Singh, and its affiliated body FICCI-MSME on Monday, an IDBI Bank release said.

IDBI to charge 1 percent lower interest on MSME loans

IDBI-BankNew Delhi, May 23 : IDBI Bank Friday signed an agreement with industry body Ficci under which it will offer loans to micro, small and medium enterprises (MSME) at one percent lower interest than the market rates and also charge low processing fee.

A memorandum of understanding (MoU) was signed here between IDBI Bank and Ficci Confederation of Micro, Small and Medium Enterprises (Ficci-CMSME).

IDBI Bank, OBC hike fixed deposit interest rates by up to 1.50%

IDBI Bank, OBC hike fixed deposit interest rates by up to 1.50%Government-run lenders IDBI Bank and Oriental Bank of Commerce (OBC) on Monday increased interest rates for fixed deposits by up to 1.50 per cent in select maturities.

IDBI Bank announced that it would now pay an interest of 8.50 per cent on deposits of 46-200 days, considerably up from previous rate of 7 per cent for the 46 days to 90 days basket and 7.25 per cent for the 91 days to less than
6-month basket.

Accumulate IDBI Bank: Angel Broking

Accumulate IDBI Bank: Angel BrokingResearch house Angel Broking has suggested accumulate call for banking major IDBI Bank. IDBI Bank recently launched its marketing campaign and also introduced no charges accounts to lure more consumers.

The bank has achieved good results and has generated good amount of business during the past two quarters on back on initiatives taken by the management.

IDBI Bank has registered 49.3% rise in net profit for Q4 2012 at Rs 771 crore compared to same quarter previous year.

UCX Gets Approval from FMC

IDBIIt has been reported that IDBI Bank has bought 10% stake in Universal Commodity Exchange (UCX). The bank’s Chairman and Managing Director R. M. Malla said, “The idea behind acquiring equity is to push agricultural loan through this venture”. IDBI is the only bank having stake in UCX and therefore, all the transactions will be done through IDBI.

IDBI Bank Intraday Buy Call

IDBI Bank Intraday Buy CallTechnical analyst Anil Singhvi has maintained 'buy' rating on IDBI Bank Limited stock with an intra-day target of Rs 155.

According to analyst, the investors can buy the stock with a stop loss of Rs 143.

The stock of the bank, on April 18, closed at Rs 1632.45 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 14.75 and 10.12 respectively.

The share price has seen a 52-week high of Rs 202.75 and a low of Rs 108 on BSE.

IDBI Home Finance Ltd has got regulatory authorizations from the ministry of corporate affairs to combine with IDBI Bank.

Intraday Buy Call For IDBI Bank

Intraday Buy Call For IDBI BankTechnical Analyst Simi Bhaumik has maintained 'buy' rating on IDBI Bank Limited stock with an intra-day target of Rs 156.

Mr. Bhaumik said that the stock can be purchased with a stop loss of Rs 145.

The stock of the bank, on April 04, closed at Rs 148.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 14.75 and 10.11 respectively.

Buy IDBI Bank To Achieve Target Of Rs 143

Buy IDBI Bank To Achieve Target Of Rs 143Technical analyst Simi Bhaumik has maintained 'buy' rating on IDBI Bank Limited stock with a target of Rs 143.

According to analyst, the stock of the bank can be bought with a stop loss of Rs 135.

The shares of the bank, on March 24, closed at Rs 137.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 14.75 and 9.41 respectively.

Buy IDBI Bank With Target Of Rs 145

Buy IDBI Bank With Target Of Rs 145Technical Analyst Anand Kuchelan of Fudiciary Euromax Capital Markets has maintained 'buy' rating on IDBI Bank Limited stock with a target of Rs 145.

The stock of the company, on March 17, closed at Rs 136 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 14.75 and 9.13 respectively.

Buy IDBI Bank With Stop Loss Of Rs 144

Buy IDBI Bank With Stop Loss Of Rs 144Technical analyst Hitesh Chotalia has maintained 'buy' rating on IDBI Bank stock with a target of Rs 160.

According to analyst, the investors can buy the stock with a stop loss of Rs 144.

The stock of the bank, on January 10, marked its closure at Rs 147.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 13.06 and 11.24 respectively.

Buy IDBI Bank With Stop Loss Of Rs 160

Natural GasTechnical analyst Puneet Kinra of Bonanza Portfolio has maintained 'buy' rating on IDBI Bank Limited with an intraday target of Rs 173.

According to analyst, the investors can buy the stock with a stop loss of Rs 160.

The stock of the bank, on December 21, closed at Rs 166.10 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 13.06 and 12.79 respectively.

IDBI Bank has extracted its structure of operations for this financial year.

Intra Day Buy Call For IDBI Bank

Intra Day Buy Call For IDBI BankTechnical analyst Anil Singhvi has maintained 'buy' rating on IDBI Bank Limited stock with an intraday target of Rs 165

The analyst said that the stock can be purchased with a stop loss of Rs 153.

The stock of the bank, on December 15, closed at Rs 155.55 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 13.06 and 12.16 respectively.

IDBI Bank has announced an increase in both its lending plus fixed depository rates.

Buy IDBI Bank With A Target Of Rs 180

Buy IDBI Bank With A Target Of Rs 180Technical analyst Hardik Jain has maintained 'buy' rating on IDBI Bank Limited stock with a target of Rs 180.

According to analyst, the stock can be purchased with a stop loss of Rs 170.

The stock of the company, on Dec 02, closed at Rs 171.55 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 13.06 and 12.83 respectively.

Buy IDBI Bank With Short Term Target Of Rs 178

Buy IDBI Bank With Short Term Target Of Rs 178Technical analyst Sudhanshu Pandey of FRR Shares and Securities has maintained 'buy' rating on IDBI Bank Ltd stock with a short-term target of Rs 178.

According to analyst, the investors can buy the stock with a stop loss of Rs 155.

Mr. Pandey said that the stock will attain the said target within a period of 2 weeks.

Today, the stock of the company opened at Rs 164 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Buy IDBI With Stop Loss Of Rs 184

Buy IDBI With Stop Loss Of Rs 184Stock market analyst Hitesh Chotalia has maintained buy rating on IDBI Bank Limited stock to achieve a target of Rs 200.

The interested investors can buy the stock with a stop loss of Rs 184.

The stock of the bank, on November 18, closed at Rs 188.10 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 13.06 and 14.07 respectively.

Buy IDBI Bank With Target Of Rs 212

Buy IDBI Bank With Target Of Rs 212Stock market analyst Ramesh Arora has maintained 'buy' rating on IDBI Bank Limited stock with a target of Rs 212.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 194.

The stock of the bank will hit the target in 1-2 trading sessions.

The stock of the company, on Nov 10, closed at Rs 198.45 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 13.06 and 15.41 respectively.

The share price has seen a 52-week high of Rs 200.70 and a low of Rs 108 on BSE.

Buy IDBI Bank With Target Of Rs 148

Buy IDBI Bank With Target Of Rs 148Stock market analyst MB Singh has maintained 'buy' rating on IDBI Bank Ltd stock with a target of Rs 148.

According to analyst, the interested investors can buy the stop loss of Rs 141.

The stock of the company, on Sep 20, closed at Rs 143.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 145.20 and a low of Rs 180 on BSE.

Current EPS & P/E ratio stood at 15.32 and 9.39 respectively.

Long Term Buy Call For IDBI Bank

idbibankStock market analyst Rajesh Jain has maintained 'buy' rating on IDBI Bank Ltd stock to achieve a target of Rs 200.

Mr. Jain added that the stock will take around 12-18 months to hit this long term target.

Today, the stock of the bank opened at Rs 138 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 143.20 and a low of Rs 104.50 on BSE.

Current EPS & P/E ratio stood at 15.32 and 9.09 respectively.

In a major declaration, IDBI Bank Ltd announced that it is considering around 18 to 20% credit growth in 2010.

Buy IDBI Bank With Stop Loss Of Rs 127

Buy IDBI Bank With Stop Loss Of Rs 127Stock market analyst Krunal Dayma of Aptart India has maintained 'buy' rating on IDBI Bank Ltd stock to achieve an intraday target of Rs 148.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 127.

The stock of the bank, on Sep 08, closed at Rs 133.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 140 and a low of Rs 104.50 on BSE.

Current EPS & P/E ratio stood at 15.32 and 8.89 respectively.




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