Скачать или смотреть IDBI Bank Divestment Process Approaches Finish Line?

The Centre's plan to disinvest a major portion of its stake in IDBI Bank is on track, with financial bids expected to be received in mid-January, sources said on Tuesday. The government is set to invite the bids between Jan. 15 and Jan. 20, the persons privy to the development said. The successful bidder for the stake sale is likely to be announced by March-end, they added. The Centre and the Life Insurance Corporation of India will jointly sell 60.7% stake in the lender. As of the quarter ended September 2025, the Government of India held 45.48% in IDBI Bank, whereas the LIC owned another 49.24%. This took their combined ownership to 94.71%.

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