Monday, July 25, 2022

IDBI Bank's potential suitors seek clarity on CAG, CVC role

The bidders have raised concerns about potential investments in the bank being subject to CAG's scrutiny in the future. IDBI Bank also follows CVC guidelines for investigating internal complaints of suspected wrongdoing, which the bidders have raised as a concern.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/idbi-banks-potential-suitors-seek-clarity-on-cag-cvc-role/articleshow/93120004.cms

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