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Reports on rollback of strategic disinvestment cant be confirmed or denied idbi bank.jpg
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Govt revives strategic sale of IDBI Bank after scrapping bids

contact@dailyupdatesindia.com2 hours ago02 mins

New Delhi: The Centre has revived the strategic sale of its stake in IDBI Bank, along with LIC’s stake a month after the two bids were rejected as they were way below the reserve price.Persons familiar with the discussions said a fresh valuation exercise is being undertaken, given that the bank has a small free…

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