Shares of Jaypee Infratech were trading 9.26 per cent higher at Rs 1.77 apiece on the BSE.
IDBI Bank has sold an aggregate 35.40 lakh equity shares constituting 0.72 pc out of 1.5 pc of the paid-up capital of NSE.
The bankruptcy tribunal will consider putting Reliance Naval & Engineering Ltd. in bankruptcy on Wednesday.
The government said that it would help both IDBI and LIC to improve their financial health.
Out of Rs 9,000 crore, government will provide Rs 4,557 crore as one-time re-capitalisation, said Minister Prakash Javadekar..
Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum onwards.
The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.
The bank had posted a net loss of Rs 2,410 crore in the year-ago period. The bank had reported a net loss of Rs 4,918.44 crore in March quarter.
A two-member bench headed by Chairman Justice S J Mukhopadhaya has asked IDBI Bank to file an affidavit by Friday.
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