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IDBI Bank Board recommends Dividend of Rs. 3.50 for 2012-13

Posted On: 2013-04-25 20:41:54

The Board of Directors of IDBI Bank Ltd at its meeting held on April 25, 2013, have recommended dividend of Rs. 3.50 per share for the year 2012-13. As approved by the Board, the date of dispatch of dividend warrants would be September 26, 2013 and date of payment of dividend would be October 01, 2013.

Shares of IDBI Bank Ltd was last trading in BSE at Rs.88.35, up by Rs.1.30 or 1.49%. The stock hit an intraday high of Rs.89.65 and low of Rs.87.

The total traded quantity was 3.64 lakhs compared to 2 week average of 2.82 lakhs.

Source: Equity Bulls

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