Latest Updates Around The World
The Cabinet Committee on Economic Affairs in May 2021 gave ‘in principle’ approval for the strategic disinvestment and transfer of management control in IDBI Bank | Photo credit: ADNAN ABIDI As the strategic sale of IDBI Bank enters its final phase, the government is expected to include sale proceeds of over ₹32,000 crore in the […]
Currently, the government owns over 45% stake, while state-owned Life Insurance Corporation owns over 49% of IDBI Bank. | Photo credit: ADNAN ABIDI The government is confident of handling the IDBI Bank share sale in FY26 itself, Financial Services Minister M. Nagaraju said on Tuesday. Speaking at the annual GFF, he also said there is […]
