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Accumulate for medium term (3) 19-Jul-08 21:58

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Posted by: venkateshiyer on ( 19-Jul-08 21:58 )
Price : BSE: Rs 66.80 ( 3.41 % ), NSE: Rs. 67.15 ( 3.63 % )
Apparently IDBI has been identified by the Minstry of Finance as the bank which would be considered for merging other PSU Banks. The idea is to bring it to the level of SBI in the long run.Long term targets by conservative and proven brokers is a 300 + target in a couple of years

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