The government plans to complete IDBI Bank's strategic divestment by FY27, reviewing the reserve price as it seeks to sell a 60.72% stake with management control.
The process is still underway despite some delays
Jun 09, 2026
07:50 pm
What's the storyThe strategic divestment of IDBI Bank is now expected to be completed in FY27, government sources have said to Moneycontrol.
The process is still underway despite some delays, with the Centre willing to review the reserve price for the deal.
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