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Govt may use OFS route to boost public shareholding in IDBI Bank: Report
short by Anushka Singh / on Sunday, 22 March, 2026
The government may use the offer-for-sale (OFS) route to sell a stake in IDBI Bank and increase public shareholding, PTI reported citing sources. This comes as the proposed sale of a 60.72% majority stake held jointly by the government and LIC fell through after bids fell short of the reserve price. The current public float in the bank is 5.29%.
read more at Moneycontrol