MoneyWorks4Me

IDBI Bank gets nod to sell upto 27% stake in IFLI

09 Apr 2020 Evaluate

IDBI Bank has received approval for selling its stake in IDBI Federal Life Insurance Company (IFLI) to the extent of 23-27%. The board meeting of the bank held on April 08, 2020 approved the same.

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
View more..