MoneyWorks4Me

IDBI Bank aims to raise Rs 6,000 crore from equity market

17 Sep 2016 Evaluate

State-owned IDBI Bank is aiming to raise as much as Rs 6,000 crore from the equity market by selling shares. The bank is looking to raise funds through a combination of Qualified Institutional Placement (QIP), rights issue and follow-on offer.

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


IDBI Bank Share Price

90.16 -0.70 (-0.77%)
01-Sep-2026 13:42 View Price Chart
Peers
Company Name CMP
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