Thursday 30 June 2016

IDBI Bank appoints R. K. Bansal as CFO

R. K. Bansal is a qualified Chartered Accountant and has approximately 32 years of experience in IDBI Bank in different grades.

At its meeting held on June 29, 2016, the board of directors of IDBI Bank Ltd have approved the appointment of R. K. Bansal, Executive Director as CFO and Key Managerial Personnel of IDBI Bank w.e.f July 01, 2016, the bank said today.

The new appointment has come in place of N. S. Venkatesh, Executive Director & CFO, who demits office on June 30, 2016 (c.o.b). 
R. K. Bansal is a qualified Chartered Accountant and has approximately 32 years of experience in IDBI Bank in different grades.

IDBI Bank Ltd is currently trading at Rs. 70.2, up by Rs. 1.1 or 1.59% from its previous closing of Rs. 69.1 on the BSE.

The scrip opened at Rs. 69.7 and has touched a high and low of Rs. 70.4 and Rs. 69.45 respectively. So far 1754691(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 14226.41 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.7 on 03-Dec-2015 and a 52 week low of Rs. 47.4 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 70.3 and Rs. 63.35 respectively.

The promoters holding in the company stood at 73.98 % while Institutions and Non-Institutions held 18.61 % and 7.41 % respectively.

The stock is currently trading above its 200 DMA.

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