IDBI Bank privatization: Govt extends bid submission deadline till January 7 for IDBI Bank sale
The government and LIC together are looking to sell 60.72 per cent of IDBI Bank and had invited bids from potential buyers in October. The last date for submitting an Expression of Interest (EoI) or preliminary bids was December 16.
Dec 14, 2022, 16:20 PM IST
Government to sell stake in THIS big bank! Know the complete planning
The Cabinet Committee on Economic Affairs had given in-principle approval for strategic disinvestment and transfer of management control in IDBI Bank in May 2021.
Aug 31, 2022, 08:52 AM IST
Competition Commission approves LIC's majority stake buy in IDBI Bank
The deal would help the insurance behemoth to enter the banking space and would provide business synergies despite the IDBI Bank's stressed balance sheet.
Nov 28, 2018, 10:56 AM IST
IDBI stake sale: Govt to consult all stakeholders
As the employee unions oppose stake sale in IDBI Bank, the Government on Friday said it is consulting all stakeholders as part of "transformation" of the state-owned lender.
Apr 08, 2016, 22:04 PM IST
Govt exploring options to dilute stake in IDBI Bank
Various options are being considered, including strategic sale and offer for sale (OFS), for dilution of the government stake in IDBI Bank, but these are at a preliminary stage, sources said.
Oct 02, 2015, 19:13 PM IST
