India Cabinet Approves Rs.52,878-Crore IDBI Bank Stake Sale to Fairfax
The government approved the sale of a combined 60.72% stake in IDBI Bank by the Centre and LIC to a Fairfax-backed entity for Rs.52,878 crore, the finance ministry said.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
3 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
CCEA Approves IDBI Bank Stake Sale to Fairfax for ₹52,878 Crore
The government and LIC are to receive the proceeds from the sale.
India Cabinet Approves Strategic Restructuring of IDBI Bank
India’s information minister said the cabinet approved a strategic restructuring of IDBI Bank.