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IDBI Bank sells 2% stake in NSE to LIC

01 Apr 2016 Evaluate

IDBI Bank has sold 9,00,000 equity shares constituting 2% of the paid up capital of National Stock Exchange of India (NSE) to Life Insurance Corporation of India (LIC) on March 30, 2016.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.


Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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