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IDBI Bank plans to sell Rs 5,000 crore NPAs: Report

09 Jun 2017 Evaluate

IDBI Bank, which is battling losses and a mountain of non-performing assets (NPAs), is reportedly planning to augment its capital base through sale of non-core assets valued at about Rs 5,000 crore. The bank has already received capital infusion of Rs 1,900 crore from the government.

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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