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IDBI Bank gets nod for issuance of Long Term Bonds

31 Dec 2024 Evaluate

IDBI Bank has received approval for the issuance of Long Term Bonds for financing of Infrastructure and Affordable Housing from domestic market of Rs 10,000 crore in tranche/s with up to Rs 5,000 crore by March 31, 2025 and balance during FY 2025-26. The Board of Directors, at its meeting held on December 31, 2024, has approved the same. 

IDBI Bank provides a wide gamut of financial products and services encompassing deposits, loans, payment services and investment solutions. 


Peers
Company Name CMP
HDFC Bank 741.15
ICICI Bank 1344.35
Axis Bank 1252.95
Kotak Mahindra Bank 417.95
Indusind Bank 960.20
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