IDBI Bank’s board approves 27 per cent stake sale in IDBI Federal Life Insurance Company

Ageas and Federal Bank will increase their stake in IFLI by 23 per cent (to 49 per cent) and 4 per cent (to 30 per cent), respectively with IDBI Bank will have 21 per cent stake in IFLI, post-stake sale

from Business Line - Money & Banking https://ift.tt/389K86W