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Disinvestment

Rakesh Sharma , IDBI Bank Banking & Finance

Process for IDBI Bank's Disinvestment has Started as Govt Invited Bids

Department of Investment and Public Asset Management (DIPAM), LIC will cut its stake in IDBI Bank to 19 per cent from 49.2 per cent, while the government will cut its share to 15 per cent from 45.5 per cent at present.

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