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Reserve Bank of India(RBI)

Financial bids for IDBI Bank likely to be invited by March, sale process to conclude next fiscal

Financial bids for IDBI Bank likely to be invited by March, sale process to conclude next fiscal

Tue, Oct 11, 2022

LIC holds 49.24 per cent stake in IDBI Bank, while the government holds 45.48 per cent stake. The remaining 5.2 per cent stake is with the public shareholders.

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