The government presently holds 45.48% stake in IDBI Bank. (Photo source: Vijay Sartape/ NDTV Profit)
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Due diligence related to IDBI Bank Ltd. stake sale has been completed and the documents are being finalised on it, said Department of Investment And Public Asset Management Secretary Arunish Chawla in an exclusive interview to NDTV Profit.
Government is hoping to invite bids for IDBI Bank stake sale by the third quarter of this fiscal, Chawla had said early this month.