IDBI Bank Ltd News
IDBI shares fell as much as 3.5 percent to 73.6 rupees by 0512 GMT.
Public sector lender IDBI Bank Ltd it will raise Rs 3,771 crore instead of an earlier plan of raising Rs 2,800 crore through qualified institutional plans (QIP) route.
IDBI Bank Ltd has close to 20 billion rupees ($328 million) loan exposure to companies affected by a Supreme Court.
The Central Bureau of Investigation (CBI) is investigating a loan made by state-run IDBI Bank Ltd to debt-laden Kingfisher Airlines worth 9.5 billion rupees (USD155.38 million), a police spokeswoman said on Saturday.
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