April 11, 2021

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IDBI Bank board approves proposal to raise up to Rs 3,000 crore via AT1 bonds

By issuing equity shares to 44 qualified institutional investors at a floor price of Rs 40.63 apiece, IDBI Bank raised Rs 1,435 crore in December out of the targeted Rs 2,000 crore. ...

IDBI Bank board approves proposal to raise up to Rs 3,000 crore via AT1 bonds By issuing equity shares to 44 qualified institutional investors at a floor price of Rs 40.63 apiece, IDBI Bank raised Rs 1,435 crore in December out of the targeted Rs 2,000 crore.

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