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IDBI Bank gets nod to divest some of its non-core investments

21 Feb 2017 Evaluate

IDBI Bank has received its board’s approval to divest some of its non-core investments subject to compliance with all applicable laws and regulations and subject to final approval to be obtained for each transaction by Delegated Authority. The Bank’s board gave approval for the same at its Meeting held on February 21, 2017.

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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