Thursday, August 25, 2022

IDBI Bank CEO says lender can recover $2.4 billion in bad loans

India is considering selling at least 51% of the $5 billion bank, people familiar with the matter have said, in what is set to be the biggest sale of the government’s stake in a lender in decades.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/idbi-bank-ceo-says-lender-can-recover-2-4-billion-in-bad-loans/articleshow/93788491.cms

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