Indian Government Considers Restarting IDBI Bank Stake Sale

The Indian government is reportedly considering restarting the process for selling its stake in IDBI Bank from scratch, potentially shelving current bids. LIC currently holds a controlling stake, while the government holds 45.48 percent.

6 Apr, 08:43 — 6 Apr, 08:43

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ndtvMostly Factual6d ago

Centre May Restart IDBI Stake Sale Process From Scratch, Shelve Current Bids

Currently, LIC has a controlling stake in the IDBI Bank at 49.24 per cent, while the Government of India (GoI) holding stands at 45.48 per cent.

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Indian Government Considers Restarting IDBI Bank Stake Sale

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Centre May Restart IDBI Stake Sale Process From Scratch, Shelve Current Bids

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