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IDBI stake sale back on table, government keen to speed up process
NEW DELHI/MUMBAI: Government has begun the exercise to decide on the process for sale of its stake in IDBI Bank and is looking to speed up the process months after rejecting bids that were below the reserve price.
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economictimes.indiatimes.com
India nears accepting sweetened Fairfax offer for IDBI Bank
India's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential…
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thehindubusinessline.com
India receives revised bids from Fairfax, Emirates NBD for IDBI Bank stake sale
India receives revised bids from Fairfax and Emirates NBD for IDBI Bank stake sale, expected to finalize within a month.
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newsbytesapp.com
IDBI Bank shares rise 3% today: Here we decode why
IDBI Bank shares rose over 3% on July 14 following reports of government approval for its strategic disinvestment, boosting investor sentiment in early trading.
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timesofindia.indiatimes.com
IDBI stake sale back on table, government keen to speed up process
NEW DELHI/MUMBAI: Government has begun the exercise to decide on the process for sale of its stake in IDBI Bank and is looking to speed up the process months after rejecting bids…
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IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 cr
Fairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 crore. The government plans to sell its…