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Financial Bids for IDBI Bank Likely by Q3: Govt
The Morning Standard
|August 02, 2025
Govt will offload 30.48%, and LIC will sell 30.24% as part of the sale
The strategic sale of IDBI Bank has entered its final phase, with the government aiming to select a buyer for the public sector bank by the end of this financial year.
"We hope to receive financial bids by the third quarter, and the successful buyer could be announced by the end of the financial year," Arunish Chawla, Secretary, Department of Investment and Public Asset Management (DIPAM), told the media on Friday.
Diese Geschichte stammt aus der August 02, 2025-Ausgabe von The Morning Standard.
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