Monday, February 10, 2025

BANKING

The due diligence process for the privatisation of IDBI Bank is currently in progress, with government and LIC selling nearly 61 percent stake. Essential clearances from the Ministry of Home Affairs and Reserve Bank of India have been obtained, and due diligence by qualified bidders has commenced.

from Banking/Finance-Industry-Economic Times https://ift.tt/Uf2HREo
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