• SENSEX
    NIFTY 50
Business

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.
No discussion in board on LIC's plan to inject Rs 13,000 crore, clarifies IDBI Bank
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV