Sale of IDBI Bank may carry over to FY26

  • Posted on January 13, 2025
  • By Financial Express
  • 4 Views
Sale of IDBI Bank may carry over to FY26

The government had received multiple expressions of interest (EOI) on January 7, 2023 for a total of 60.72% stake in the bank, including 30.48% (approx. Rs 21,690 crore at current prices) from the government and 30.24% from promoter LIC, along with the transfer of management control in the bank.
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Financial Express

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