New Delhi, April 7 The government may seek revised financial bids from two potential buyers of IDBI Bank, as their original bid amounts were lower than the reserve price fixed for the strategic sale of the lender, sources said."The strategic sale of IDBI Bank is in the technical evaluation...
New Delhi, March 13 The strategic sale of IDBI Bank is likely to have been scrapped as the financial bids submitted by potential buyers were below the reserve price, sources said on Friday.The government and LIC were jointly looking to sell 60.72 per cent in IDBI Bank and had floated an...
banking sector
cabinet secretary
disinvestment
emirates nbd
fairfax
financial bids
financial institutions
government of india
idbi bank
inter-ministerial group (img)
life insurance corporation of india (lic)
private sector banks
reserve price
stake salestrategicsale