IDBI Bank gains after borrowing limit hike

Reuters Market Eye - IDBI Bank gains 0.8 percent.

Board approves hike in borrowing limit to 150 billion rupees ($2.44 billion) from 40 billion rupees.

Also approves infusion of additional capital of 583.4 million rupees by way of equity in unit IDBI asset management.

(Reporting by Abhishek Vishnoi)