According to government and stock exchange data reviewed by ET, the government has pumped in ₹27,000 crore into IDBI Bank between April 1, 2010 and March 31, 2021. Data show the government acquired 4.5 billion shares in IDBI Bank during this 11-year period. This brings its weighted average cost of acquisition to ₹60 a share.source https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-eyes-control-premium-to-part-with-its-stake-in-idbi-bank/articleshow/93281964.cms
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