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India’s IDBI Bank to buy back $1.49 billion of bonds in 2018-2019
By Susanna Moon
Chicago, May 25 – IDBI Bank Ltd. said it plans to buy back up to $1.49 billion of bonds in tranches during the fiscal year 2018 to 2019.
The buyback was approved at a board meeting on Friday, according to a company notice.
IDBI Bank is a public sector bank based in Mumbai.
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