IDBI Bank Update by Epic Research

IDBI Bank has received an in-principle approval to raise equity capital to the extent of Rs 4,000 crore through Qualified Institutions Placement (QIP) / Follow-on Public Offer (FPO) subject to statutory / regulatory approvals, if any. The board of directors at its meeting held on June 07, 2014 has approved for the same.



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Posted in: Indian Market Tips