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Thursday, August 9, 2018

LIC-IDBI Bank deal: Government offers nod for debt-laden public sector bank’s acquisition by insurer

IDBI Bank today said it has received approval to bring down the government stake to below 50 per cent and get acquired by insurance behemoth LIC.

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

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