IDBI Bank’s sale process kicked off when a preliminary information memorandum was issued by the finance ministry on October 7. The government of India and Life Insurance Corporation of India (LIC) are jointly selling 60.72% equity in the bank.
IDBI Bank’s sale process kicked off when a preliminary information memorandum was issued by the finance ministry on October 7. The government of India and Life Insurance Corporation of India (LIC) are jointly selling 60.72% equity in the bank.