Wednesday, February 5, 2025

BANKING

Finance Minister Nirmala Sitharaman confirms the government's commitment to privatisation and disinvestment, emphasizing their cabinet-backed strategy. The government and LIC plan to sell their 60.7% stake in IDBI Bank, with the process expected to commence soon. Valuations of the targeted companies have significantly improved.

from Banking/Finance-Industry-Economic Times https://ift.tt/AexRT1X
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