Last week, the Cabinet had approved strategic disinvestment in the transfer of management control in IDBI Bank. Even as the government has announced its stake sale, IDBI Bank is going ahead with obtaining shareholder approval for raising capital.source https://economictimes.indiatimes.com/industry/banking/finance/banking/government-stake-sale-will-not-affect-idbis-plans-idbi-bank-ceo/articleshow/82596734.cms
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