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IDBI Bank trades higher on the BSE

28 May 2021

IDBI Bank is currently trading at Rs. 38.80, up by 0.15 points or 0.39% from its previous closing of Rs. 38.65 on the BSE.

The scrip opened at Rs. 39.35 and has touched a high and low of Rs. 39.35 and Rs. 38.55 respectively. So far 643539 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.75 on 07-Jul-2020 and a 52 week low of Rs. 19.75 on 29-May-2020.

Last one week high and low of the scrip stood at Rs. 39.80 and Rs. 38.35 respectively. The current market cap of the company is Rs. 41611.80 crore.

The promoters holding in the company stood at 94.71%, while Institutions and Non-Institutions held 1.71% and 3.58% respectively.

IDBI Bank has terminated rating engagements with global rater S&P for issues under MTN (medium term note) bond programme. S&P Global Ratings has affirmed its 'BB' long-term and 'B' short-term foreign currency issuer credit ratings on IDBI Bank with negative outlook. It has also affirmed 'BB' programme rating on senior secured notes under its MTN programme.

However, as the MTN bonds rated by S&P were fully repaid on November 30, 2020, the bank had terminated the rating engagements/agreement with S&P for various issues made under the MTN bond programme on May 21, 2021.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

Related IDBI Bank Ltd. Links:

IDBI Share Price

38.95 0.50 (1.30%) Sep 23, 18:01
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