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IDBI Bank’s board approves Rs 8,000 crore bond borrowing limit for next financial year

27 Mar 2021 Evaluate

IDBI Bank’s board has approved a rupee bond borrowing limit of Rs 8,000 crore for the next financial year. Earlier this week, the lender had informed about the borrowing plan for the next fiscal through bonds.

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 710.00
ICICI Bank 1346.50
Axis Bank 1247.00
Kotak Mahindra Bank 440.65
Indusind Bank 858.45
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