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IDBI Bank rises as its Chief Executive Officer Rakesh Sharma s | Value investing and swing trading(money markets academy)

IDBI Bank rises as its Chief Executive Officer Rakesh Sharma says that the bank will recover about Rs 19,500 crore on bad debts, according to reports. The bank is currently sitting on Rs 78,000 crore in bad debts including write-offs, of which 25% will likely be recovered.