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IDBI Bank divests its entire 18.95% stake in SCHIL

03 Apr 2014 Evaluate

IDBI Bank has divested its entire equity holding of 39,90,000 shares constituting 18.95% stake in Stock Holding Corporation of India (SHCIL) to IFCI.

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 1,217 branches and 2,101 ATMs.

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
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