IDBI Bank has informed that Govt. of India has, vide letter dated December 30, 2015, conveyed its approval to IDBI Bank to raise capital to the tune of Rs 3771 crore, through QIP route, at an appropriate time during the year, as per law and subject to any other statutory/regulatory approval required to be obtained in this regard.
The above information is a part of company’s filings submitted to BSE.
