IDBI Bank board okays divesting entire 19% stake in ARCIL

The board has approved the proposal for sale of IDBI Bank's entire holding of 6,23,23,800 fully paid-up equity shares constituting 19.18 per cent of the total equity share capital of Asset Reconstruction Company (India) Ltd (ARCIL), IDBI Bank said in a regulatory filing.

from Banking/Finance-Industry-Economic Times https://ift.tt/3gCPxZF