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.