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Why is IDBI down 8,10%?
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IDBI:NSE
IDBI Bank Ltd
₹83,07
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-8,10%(-7,32) 1D
15 ຕ.ລ., 15 ໂມງ 30 ນາທີ 00 ວິນາທີ GMT+5:30 · INR
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for IDBI...
Open
₹89,86
High
₹89,86
Low
₹82,50
Mkt. cap
897,50 ຕື້
Avg. vol.
18,50 ລ້ານ
Volume
72,70 ລ້ານ
P/E ratio
9,59
52-wk high
₹118,38
52-wk low
₹61,01
EPS
₹8,67
Shares outstanding
3,08 ຕື້
No. of employees
19 ພັນ
Open
₹89,86
High
₹89,86
Low
₹82,50
Mkt. cap
897,50 ຕື້
Avg. vol.
18,50 ລ້ານ
Volume
72,70 ລ້ານ
P/E ratio
9,59
52-wk high
₹118,38
52-wk low
₹61,01
EPS
₹8,67
Shares outstanding
3,08 ຕື້
No. of employees
19 ພັນ
News stories
From web sources and news partners
Beinsure
·
2 ຊົ່ວໂມງກ່ອນ
Fairfax Financial Holdings to acquire 60.72% of IDBI Bank for $5.6 bn in India
Finimize
·
4 ຊົ່ວໂມງກ່ອນ
Fairfax Wants To Turn IDBI Bank Into A One-Stop Finance Group
theinsurer.com
·
4 ຊົ່ວໂມງກ່ອນ
Fairfax plans to fold Indian financial holdings into IDBI Bank
Financial Post
·
5 ຊົ່ວໂມງກ່ອນ
Fairfax Financial's US$6 billion bank deal signals India is a prize that's difficult to ignore
Profile
Industrial Development Bank of India or IDBI is a Scheduled Commercial Bank under the ownership of Life Insurance Corporation of India and Government of India. It was established by Government of India as a wholly owned subsidiary of Reserve Bank of India in 1964, IDBI as a development finance institution, which 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. At present direct and indirect shareholding of Government of India in IDBI Bank is approximately 95%, which Government of India vide its communication F.No. Wikipedia
About IDBI Bank Ltd