IDBI Bank has received an approval for sale of its part or whole shareholding of 48,18,292 equity shares in Credit Analysis & Research (CARE) in one or more lots subject to compliance with all applicable laws, regulations and guidelines. The board of directors at their meeting held on December 29, 2014, has received an approval for the same.
IDBI Bank is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India.
