Mumbai: State-run lender IDBI Bank Ltd has close to 20 billion rupees ($328 million) loan exposure to companies affected by a Supreme Court order scrapping coal blocks but not all of it will be problematic, the lender`s head said on Wednesday.
"We are assessing," M.S. Raghavan, chairman and managing director of IDBI Bank, told Reuters after the Supreme Court`s verdict.
IDBI Bank shares were down 5.3 percent by 0924 GMT compared to a flat performance in Nifty. The Bank Nifty fell about 1 percent.
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