Mumbai: IDBI Bank on Thursday set out a turnaround plan that includes raising additional capital and selling non-core assets to help the state-run lender to improve its financial position and reassure investors anxious about a possible …
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State-run IDBI Bank has chosen Citigroup, Credit Suisse Group AG and Deutsche ... In July, shareholders of the bank approved raising about Rs 80 billion via rights issue, preferential stock and institutional share placement method. IDBI …
IDBI Bank shares ended up 0.2 per cent at Rs 72.50 on the National Stock Exchange on Friday. The bank’s bad debts were 8.94 per cent of its loans in the October-December quarter. The government had in December approved IDBI Bank …
* IDBI Bank says India cenbank has initiated ‘prompt corrective action’ for lender on high bad loans, negative return on …