Wednesday, January 11, 2023

Government likely to get financial bids for IDBI Bank sale by September, DIPAM Secy says

"Overall, we are looking at financial bids at least before second half (October-March) of next fiscal year," PTI quoted Pandey as saying. The bids for selling 30.48 per cent stake in IDBI Bank, along with 30.24 per cent stake of LIC were invited by the Department of Investment and Public Asset Management (DIPAM) in October.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/government-likely-to-get-financial-bids-for-idbi-bank-sale-by-september-dipam-secy-says/articleshow/96904528.cms

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