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IDBI Bank informs about company updates

16 Sep 2019 Evaluate

IDBI Bank has informed that the Bank has received letter No. F.No.7/23/2019-BOA-I dated September 16, 2019 from Government of India, conveying the sanction of Rs 4,557 crore to the Bank towards contribution of the Central Government in the preferential allotment of equity shares of the Bank, as Governments investment. 

The above information is a part of company’s filings submitted to BSE.

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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