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IDBI Bank: Government Works On Plan A And Plan B Ahead Of Divestment — BQ Exclusive
IDBI Bank Divestment: The government may have to consider more than one option to pull off the stake sale.
23 Oct 2021, 01:26 PM IST
As the government pushes forward with the plan to divest its holding in IDBI Bank Ltd., alongside at least a part of the Life Insurance Corp. of India's shareholding in the lender, a few options are on the table.While the preferred option would be to sell stake to a single investor, ideally a bank, the government may be open to allowing a consortium of investors and even merging IDBI's good loan book with a larger lender while carvin...
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