IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanks

IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanks

IDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or deny reports suggesting the sale might be scrapped due to low bids. IDBI Bank clarified that the strategic disinvestment…

IDBI Bank on Monday said it cannot confirm or deny media reports suggesting the government may scrap the proposed majority stake sale in the lender, stating that the strategic disinvestment process i… [+1922 chars]
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanks - FHMnews