New owner will have free hand to run IDBI Bank despite govt, LIC having sizeable shareholding after privatisation

The government and the LIC hold 45.48 per cent and 49.24 per ecnt stake in the IDBI Bank. Cente has invited bids for sale of 60.72 per cent stake.​​​

from Banking/Finance-Industry-Economic Times https://ift.tt/5Ya0UIL