IDBI Bank Ltd approves Rupee Bond Borrowing limit for FY23

The Board of Directors of IDBI Bank Ltd, at its meeting held on Tuesday, March 29, 2022, has approved the Rupee Bond Borrowing limit of 28000 crore for FY 2022-23 to be borrowed in one or more tranches comprising of Additional Tier I (AT-1) Bonds up to 23000 crore and Senior/Infrastructure Bonds up to 21000 crore by way of private placement during FY 2022-23.

Shares of IDBI Bank Limited was last trading in BSE at Rs. 44.20 as compared to the previous close of Rs. 45.10. The total number of shares traded during the day was 1043443 in over 2084 trades.

The stock hit an intraday high of Rs. 45.25 and intraday low of 44.05. The net turnover during the day was Rs. 46604447.00.

Source : Equity Bulls

Keywords

IDBIBank INE008A01015 RupeeBondBorrowingLimit FY2023