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IDBI Bank gets nod to raise up to Rs 2729 crore

15 Jan 2018 Evaluate

IDBI Bank’s board has approved the proposal for Preferential Issue of Capital to Government of India aggregating up to Rs 2729 crore. The Board of directors of the Bank at its meeting held on January 15, 2018 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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