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IDBI Bank disinvestment: Financial bids expected in Q3, winner selection b
Updated : 9 months, 2 weeks ago IST
The government expects to invite financial bids for IDBI Bank disinvestment in the third quarter of the current financial year, with the selection of the winning bidder likely by the end of 2025-26, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said
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Govt may extend dateline for submitting expression of interest of IDBI Ban
Updated : 3 years, 5 months ago IST
In October, the government and the LIC decided to offload a little over 30 per cent each in IDBI Bank. They issued a preliminary information memorandum, inviting EoIs for an aggregate 60.72 per cent stake, along with management control.
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Govt, LIC to divest 60.72 per cent stake in IDBI Bank
Updated : 3 years, 7 months ago IST
New Delhi [India], October 7 (ANI): The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.
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