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Source Name: IDBI Bank

IDBI Bank Receives Rs. 2229 Crore from the GoI towards Preferential Issue of Equity Shares

Jan 04, 2016   17:00 IST 
Mumbai, Maharashtra, India

IDBI Bank has received Rs.2229 crore from the Government of India towards preferential allotment of equity shares of Rs.10/- each to GoI at a price of Rs.75.28 per share in terms of the approval accorded by the Shareholders at the EGM of the Bank held on November 4, 2015.

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