IDBI Bank Shares Close At 16-Year Low After Large June Quarter Loss
People stand outside a branch of IDBI Bank Ltd. in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

IDBI Bank Shares Close At 16-Year Low After Large June Quarter Loss

Shares of IDBI Bank Ltd.—now majority owned by Life Insurance Corporation of India—fell to a 16-year low on Friday, after the bank reported a Rs 3,800 crore net loss for the April-June quarter due ...
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