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Why is IDBI up 2.07%?
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IDBI:NSE
IDBI Bank Ltd
₹79.25
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+2.07%(+1.61) 1D
Nov 4, 3:30:01 PM GMT+5:30 · INR
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for IDBI...
Open
₹78.40
High
₹79.50
Low
₹77.54
Mkt. cap
852.02B
Avg. vol.
15.88M
Volume
3.24M
P/E ratio
10.26
52-wk high
₹118.38
52-wk low
₹61.01
EPS
₹7.73
Shares outstanding
3.08B
No. of employees
19K
Open
₹78.40
High
₹79.50
Low
₹77.54
Mkt. cap
852.02B
Avg. vol.
15.88M
Volume
3.24M
P/E ratio
10.26
52-wk high
₹118.38
52-wk low
₹61.01
EPS
₹7.73
Shares outstanding
3.08B
No. of employees
19K
News stories
From web sources and news partners
Reuters
·
22 hours ago
Fairfax's $5.5 billion deal for India's IDBI Bank faces employee, political opposition
TradingView
·
1 day ago
Top stocks to watch today: SBI, NSE, ITC, Sun Pharma, IDBI Bank shares in focus on Tuesday, 3 Nov | Full list
Briefs Finance
·
2 days ago
Fairfax's $5.5B Bid for IDBI Sparks Strikes
Profile
IDBI Bank Limited is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India and Government of India. It was established in 1964 as IDBI, a development finance institution and a wholly owned subsidiary of Reserve Bank of India, and provided financial services to industrial sector.
In 2005, the institution was merged with its subsidiary commercial division, IDBI Bank, and was categorised as "Other Public Sector Bank" category. Later in March 2019, Government of India asked LIC to infuse capital in the bank due to high NPA and capital adequacy issues and also asked LIC to manage the bank to meet the regulatory norms. Consequent upon LIC acquiring 51% of the total paid-up equity share capital, the bank was categorised as a 'private sector bank' for regulatory purposes by Reserve Bank of India with effect from 21 January 2019. IDBI was put under Prompt Corrective Action of the Reserve Bank of India and, on 10 March 2021, IDBI came out of the same. Wikipedia
About IDBI Bank Ltd