Epic Research

Tuesday, November 19, 2013

Epic Update : IDBI Bank

IEpic Update IDBI BankDBI Bank, the public sector lender is planning to raise up to Rs 1,200 crore through qualified institutional placement (QIP) in FY14. During the current financial year, the bank has required an additional Rs 3,000 crore, of which Rs 1,800 crore will come from the Government and the rest will have to be raised via QIP route.

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