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IDBI Bank
BSE: 500116NSE: IDBIISIN: INE008A01015

19th-Jan-2013 12:04Source: BSE

IDBI Bank - Outcome of Board Meeting

IDBI Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on January 18, 2013, has approved the proposal for Preferential Issue of equity capital to Government of India (Rs. 555 crore including premium amount) and other QIBs, if any (aggregating upto Rs. 2500 crore including premium amount) subject to approval from shareholders and other Statutory / Regulatory approvals, if any.

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