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IDBI Bank gets capital infusion of Rs 24,557 crore from government

16 Sep 2019 Evaluate

Government of India has sanctioned Rs 24,557 crore to IDBI Bank towards contribution of the Central Government in the preferential allotment of equity shares of the Bank, 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.

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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