LIC May Infuse Up To Rs 12\,000 Crore In IDBI Bank

LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank

Gross bad loans as a percentage of total loans stood at 24.72 per cent at end-December compared with 24.98 per cent in the previous quarter.

Banking & Financial Services | | Updated: February 15, 2019 21:34 IST
LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank

LIC completed acquisition of 51% controlling stake in IDBI Bank on Jan. 21.