IDBI in revamp mode, plans capital raising
IDBI Chairman Yogesh Agarwal may have been at the helm less than a year but he's certainly shaking the dust off IDBI's walls. After re-focussing the bank's attention and getting into new lines of business like private equity, Industrial Development Bank of India Ltd (IDBI) is now looking to rationalize its existing subsidiaries specially IDBI Capital Market Services Ltd and IDBI Home Finance Ltd.
