Wednesday, May 5, 2021

Cabinet approves strategic disinvestment in IDBI Bank

The extent of respective shareholding to be divested by the government and LIC will be decided at the time of structuring of transaction in consultation with the Reserve Bank of India (RBI), according to an official statement.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/cabinet-approves-strategic-disinvestment-in-idbi-bank/articleshow/82405813.cms

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