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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.

IDBI Bank Share Price

74.09 -0.98 (-1.31%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 795.40
ICICI Bank 1356.00
Axis Bank 1353.65
Kotak Mahindra Bank 379.20
Indusind Bank 852.10
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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