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IDBI Bank stake sale to get completed by end of 2025: DFS Secy
short by Vaishnavi Mishra / on Monday, 5 May, 2025
Department of Financial Services (DFS) Secretary M Nagaraju on Monday said the strategic sale of stake in IDBI Bank will get completed in 2025. "It's on track and…process is on. We will finalise as per the time schedule," Nagaraju said. The government and Life Insurance Corporation of India (LIC) plan to jointly offload nearly 61% stake in the bank.
read more at Moneycontrol