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IDBI Bank to divest its stake in NEGIL

12 Dec 2017 Evaluate

IDBI Bank has received an approval for sale of 1,20,00,000 equity shares of NSDL e-Governance Infrastructure (NEGIL) constituting 30% of its total paid up equity capital held by the bank. The board of directors by way of Circular Resolution has approved for the same.

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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