IDBI Bank has received capital infusion of Rs 2,729 crore from the Government of India (GoI).
The GoI has on December 29, 2017 infused share application money of 2729 crore towards Preferential Issue of Equity Capital of IDBI Bank during the FY 2017-18 under the Plan as Government's Investment.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.