- IDBI Bank's stake is jointly held by LIC and the government, while Emirates NBD is reported as a likely bidder for a stake in the bank.
- Centre and LIC jointly plan to sell 60.72 percent stake in IDBI Bank, seeking Rs 50,000 crore via divestment.
A committee is currently reviewing the proposed valuation for the divestment of IDBI Bank.
1 report, 1 independent
Updated Aug 29
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What happened
A committee is currently reviewing the proposed valuation for the divestment of IDBI Bank.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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IDBI Bank
Indian private sector bank
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committee
body of one or more persons that is subordinate to a deliberative assembly
Related events
- The government approved the sale of a share in IDBI Bank.
- LIC jointly seeks to sell its stake in IDBI Bank, following a minister's reiteration of the divestment pursuit.
- Cabinet approved strategic restructuring of IDBI Bank.
- The government is selling a stake in IDBI Bank, and Blackstone is noted as a buyer of Indian assets.
- Government considers reviving the privatization process for IDBI Bank.