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    Low Public Float in IDBI Bank Drives Potential OFS Consideration

    New Delhi, March 22 The government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the unsuccessful attempt to divest stake in the LIC-controlled lender, sources said.Currently, the public float in IDBI Bank is only 5.29...
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    India's Government Divests in IRFC Through Offer for Sale

    New Delhi, February 24 The government will divest up to 4% stake in state-owned Indian Railway Finance Corporation Ltd (IRFC) through an Offer for Sale (OFS) starting on Wednesday.The government has fixed the floor price of Rs 104.00 per equity share for the OFS, IRFC said in a regulatory...
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