IDBI stake sale: Divestment department working on it but no timeline from govt for selling stake, says LIC chairman
Life Insurance Corporation has said it has not received any timeline from the government for the stake sale in its subsidiary IDBI Bank
LIC owns 49.2 per cent of the lender and the government and public own the remaining shareholdings in the bank which was on the verge of collapse before it was forced into the control of LIC. Source: