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.