No discussion in board on LIC's plan to inject Rs 13,000 crore, clarifies IDBI Bank
Updated : June 29, 2018 04:22 PM IST
A listed entity, IDBI Bank is grappling with mounting toxic loans with gross non-performing assets rising to a staggering Rs 55,600 crore at the end of latest March quarter.
The bank has a market capitalisation of nearly Rs 23,000 crore, while its real estate assets as well as its investment portfolio are estimated to be worth over Rs 20,000 crore.
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