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Board of IDBI Bank approves fund raising up to Rs 6000 cr via QIP issue

Last Updated : Oct 29 2020 | 4:31 PM IST

At meeting held on 29 October 2020

The Board of IDBI Bank at its meeting held on 29 October 2020 has approved the raising of funds for an amount not exceeding Rs 6000 crore through issue of equity shares through qualified institutions placement subject to approvals of the regulatory and/or statutory authorities, as applicable.

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