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Thursday, August 2, 2018

Cabinet nod for LIC buying up to 51% stake in debt-laden IDBI Bank

The Cabinet today approved Life Insurance Corp's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank, with Finance Minister Piyush Goyal saying it would be an "excellent deal".

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2LVKepN

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