Public sector IDBI Bank has received the capital infusion of Rs 2,729 crore from the government of India. The government had in October 2017 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks.
The help includes re-capitalisation bonds, budgetary support, and equity dilution. The stock of the bank closed 0.83% down at Rs 59.85 on the BSE.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- IDBI MD and CEO- Mahesh Kumar Jain, Headquarter- Mumbai.
Source- The Hindu