IDBI Bank is currently trading at Rs. 26.75, up by 0.60 points or 2.29% from its previous closing of Rs. 26.15 on the BSE.
The scrip opened at Rs. 26.10 and has touched a high and low of Rs. 27.00 and Rs. 25.90 respectively. So far 636239 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 65.80 on 09-Jan-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 30.50 and Rs. 24.85 respectively. The current market cap of the company is Rs. 20501.18 crore.
The promoters holding in the company stood at 97.46%, while Institutions and Non-Institutions held 0.26% and 2.28% respectively.
IDBI Bank has introduced a new home loan and auto loan product linked to the Reserve Bank of India’s (RBI) repo rate. The Bank has also introduced bulk deposits linked to the repo or the central bank’s short-term lending rate for commercial banks. The revised rates are applicable from September 10, 2019.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.