Government to invite financial bids for IDBI bank stake sale by december

Government to invite financial bids for IDBI bank stake sale by december.

The government expects to invite financial bids for the strategic sale of IDBI Bank by December, aiming to generate around Rs 16,000 crore.

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IDBI Bank has shown improved profitability and asset quality post-restrictions, attracting investor interest.

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IDBI Bank has shown continued improvement in profitability asset quality parameters.

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