Signage of IDBI Bank seen at its Prabhadevi branch in Mumbai, India. (Photographer: Anirudh Saligrama/BloombergQuint)
As the government pushes forward with the plan to divest its holding in IDBI Bank Ltd., alongside at least a part of the Life Insurance Corp. of India's shareholding in the lender, a few options are on the table.While the preferred option would be to sell stake to a single investor, ideally a bank, the government may be open to allowing a consortium of investors and even merging IDBI's good loan book with a larger lender while carvin...