IDBI Bank has sold further 2,60,00,000 equity shares constituting 4.89% of the paid up capital of Small Industries Development Bank of India (SIDBI) on December 29, 2017.
Recently, the bank had 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.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.