IDBI has received an approval to raise up to Rs 2,500 crore from institutional investors and Rs 555 crore by issuing preference shares to the government. The board at its meeting held on January 18, 2013 has approved for the same.
IDBI Bank is the youngest, new generation, public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 999 branches and 1592 ATMs.
