IDBI Bank stake sale: TPG, Carlyle, Fairfax tapped

The government and LIC together own more than 94% equity in IDBI Bank. The combined state holding in the bank, which had among the highest proportions of bad loans, is valued in excess of ₹41,000 crore at current market prices.

from Banking/Finance-Industry-Economic Times https://ift.tt/odcG15n