ADVERTISEMENT
Government's IDBI Bank Stake Sale Plans Run Into RBI Rules—BQ Exclusive
A government plan to sell stake in IDBI Bank faces questions from the RBI.
23 Dec 2021, 10:34 AM IST
A planned stake sale at IDBI Bank Ltd. could see further delays as potentially interested buyers may not meet the banking regulator's requirements.The government and Life Insurance Corp. of India have been in discussions to reduce their stake in IDBI Bank, which was rescued by the insurer in 2019. International investors such as Blackrock, KKR-InCred, Avenue Capital and Prem Watsa's Fairfax Financial Holdings, had expressed initial i...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT