IDBI Bank Sale

Reuters | | Posted by Aryan Prakash India is seeking a valuation of around 640 billion rupees ($7.73 billion) for state-owned IDBI Bank Ltd, Bloomberg News reported on Friday, as part of the government's stake-sale in the…

NEW DELHI: The government is in talks with the market regulator seeking to relax a key public shareholding norm for the potential buyer of IDBI Bank in a bid to attract a larger pool of suitors, according to two sources. Earlier this month,…

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