IDBI Bank to raise up to Rs 6,000 cr | Sharefundss

IDBI Bank to raise up to Rs 6,000 cr

The board at its meeting held on October 29, 2020, passed a resolution for approving the raising of funds for an amount not exceeding Rs 6,000 crore through issue of equity shares through qualified institutions placement subject to approvals of the regulatory and/or statutory authorities, IDBI Bank said in a regulatory filing.

 
Stocks-Markets-Economic Times