THE government will float an expression of interest (Eol) by June-end for IDBI Bank privatisation after addressing investors' concerns regarding compliance with the regulations laid down for private banks. Currently, the bank enjoys certain relaxations being a staterun bank.
After privatisation, the compliance burden will increase, as per sources.
This story is from the May 27, 2022 edition of The Morning Standard.
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This story is from the May 27, 2022 edition of The Morning Standard.
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