The Centre and LIC plan to sell a combined 60.72% stake in IDBI Bank—30.48% held by the government and 30.24% by LIC—along with the transfer of management control. Together, they hold close to 95% of the bank.
The Centre and LIC plan to sell a combined 60.72% stake in IDBI Bank—30.48% held by the government and 30.24% by LIC—along with the transfer of management control. Together, they hold close to 95% of the bank.