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IDBI Bank receives shareholders approval to raise up to Rs 10,000 crore

20 Jul 2017 Evaluate

IDBI Bank has received an approval from its shareholders to raise up to Rs 10,000 crore through various modes including QIP. The decision was taken at the bank’s annual general meeting held on July 18, 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 714.20
ICICI Bank 1360.20
Axis Bank 1269.00
Kotak Mahindra Bank 439.00
Indusind Bank 876.00
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