IDBI Bank shares rise 7% after RBI submits ‘Fit & Proper’ report

IDBI Bank shares rise 7% after RBI submits ‘Fit & Proper’ report

Shares of IDBI Bank rose 7% to Rs 94 in Thursday’s trade on BSE after the Reserve Bank of India (RBI) has reportedly given its ‘fit and proper’ approval on bidders for the Bank ahead of the Union Budget 2024. IDBI Bank has been up for privatisation for several years, and the govt had been … Read more

aurobindo pharma shares: Big movers on D-Street: What should investors do with Aurobindo Pharma, Tanla Platforms and IDBI Bank?

aurobindo pharma shares: Big movers on D-Street: What should investors do with Aurobindo Pharma, Tanla Platforms and IDBI Bank?

Benchmark Sensex and Nifty closed at new record high levels on Monday following buying in PSU bank shares and fresh foreign fund inflows. Stocks that were in focus include names like Aurobindo Pharma, which soared 3.67%, Tanla Platforms, which gained 5.69%, and IDBI Bank, whose shares Jumped 6.79% on Monday. Here’s what Kushal Gandhi, Technical … Read more