Technical analyst Simi Bhaumik has maintained 'buy' rating on IDBI Bank Limited stock with a target of Rs 143.

According to analyst, the stock of the bank can be bought with a stop loss of Rs 135.

The shares of the bank, on March 24, closed at Rs 137.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 202.25 and a low of Rs 108 on BSE.

Current EPS & P/E ratio stood at 14.75 and 9.41 respectively.

IDBI Bank Ltd has made announcement about the launching of the Cash at Point of Sale (POS) facility at the Reliance Trendz store located at Bandra, Mumbai.

The newly opened facility would permit the holders of debit cards of any banking institution in the country to withdraw cash of upto Rs 1000 daily at selected merchant establishments by swiping their cards on the POS terminals.

The bank has decided to provide this facility without charge to its debit card holders.

Besides, Meydan Group and India's IDBI Bank inked a $120 million syndicated loan deal on Tuesday.

The loaning amount will finance the growth cost of Meydan Heights - a 528-unit mega gated community project collectively promoted by Meydan and Emirates airline.