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Need Rs 1500 - Rs 2000 cr to maintain 8 per cent CAR for FY'12: IDBI Bank

PUBLISHED ON: February 27, 2012 | Duration: 4 min, 21 sec

  
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RK Bansal, ED of IDBI Bank told NDTV that preferential allotment of shares to LIC is likely to be at Rs 113/share which will increase government shareholding to 70 per cent. "We may need Rs 1500 - Rs 2000 cr to maintain 8 per cent CAR for FY'12," he added.
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