MoneyWorks4Me

IDBI Bank sells entire stake in NEGIL

16 Feb 2018 Evaluate

IDBI Bank has sold entire 1,20,00,000 equity shares constituting 30% of the paid up capital of NSDL e-Governance Infrastructure (NEGIL) on February 15, 2018.

The company had earlier 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.

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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