/ Seek Shareholders Nod For Raising Of Capital – IDBI Bank ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 19 June 2017

IDBI Bank is the state owned and is seeking shareholders nod for raising of capital and the equity capital, which was up to Rs.5, 000 crore. Public issue, qualified institutional placement, right issue and the private placement basis.

IDBI Bank is planning to tap the market and raise at Rs. 5,000 see-through the Basel-III compliant additional tier-I and tier – II bonds and the infrastructure bonds.

During the Monday's trading session Nifty and Sensex witnessed a gap up. The Sensex opened 112 higher by the 31,168 level, Nifty opened at 9,626 levels higher by the 38 points, whereas the NSE is in the Green territory by the positive sentiment.

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