MoneyWorks4Me

IDBI Bank raises Rs 745 crore via bonds

03 Feb 2020 Evaluate

IDBI Bank has raised Rs 745 crore through issue and allotment of unsecured, non-convertible, redeemable, subordinated, Basel III compliant Tier 2 Bonds on private placement. 

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 710.90
ICICI Bank 1355.20
Axis Bank 1264.30
Kotak Mahindra Bank 438.65
Indusind Bank 873.00
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