IDBI Bank adds â¹7,195 crore in m-cap after shares surge 9%
IDBI Bank added â¹7,195 crore to its market capitalisation on Tuesday after its shares surged 9% on the BSE. This comes after reports claimed that the Life Insurance Corporation (LIC) will make an open offer to minority shareholders of the bank in which it proposes to acquire up to 51% stake. The bank now has a valuation of â¹22,243.93 crore.