In October, the government had invited expressions of interest (EoI) for a stake sale, along with the transfer of management control in IDBI Bank. The government, along with the Life Insurance Corporation (LIC), will sell 60.72% stake in the lender.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/no-psu-norms-for-idbi-bank-after-stake-sale-clarifies-govt/articleshow/95810928.cms
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