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divestment

India Reviews IDBI Bank Divestment Amid Weak Demand

India's government is revisiting its IDBI Bank stake sale after weak investor interest and market volatility slowed progress. A core group of secretaries is reviewing valuations and timelines, with Finance Minister Nirmala Sitharaman confirming the sale will proceed. A revised deal structure or timeline is expected to

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divestment

Govt reviews divestment plans, IDBI Bank stake sale

India's government is revisiting its IDBI Bank stake sale after weak investor interest and market volatility slowed progress. A core group of secretaries is reviewing valuations and timelines, with Finance Minister Nirmala Sitharaman confirming the sale will proceed. A revised deal structure or timeline is expected to

2mo ago · 1 min · Markets

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