• SENSEX
    NIFTY 50
Finance

S&P removes ratings of IDBI Bank from CreditWatch

Updated : January 07, 2019 03:18 PM IST

The bank has announced that it received Rs 14,500 crore in fresh capital from LIC on December 28, 2018.
This capital infusion is part payment for LIC's proposed acquisition of a 51 percent controlling stake in the bank.
S&P removes ratings of IDBI Bank from CreditWatch
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