The bank has sought the approval of its shareholders through a postal ballot which started on April 6 and will end on May 5, 2022, to pass the ordinary resolution, among others. The lender, in which LIC holds a majority stake, will declare the results of the postal ballot on or before May 7, 2022.source https://economictimes.indiatimes.com/industry/banking/finance/banking/idbi-bank-seeks-shareholders-nod-for-10-fold-hike-in-md-ceo-salary/articleshow/90864508.cms
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