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Tag: IDBI Bank stake sale

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IDBI Bank Share Price: Tremendous fall! Investors disappointed with the government’s big decision; Stock market started selling rapidly

Buzz line3 hours ago08 mins

IDBI Bank Share Price: According to reports, the government has canceled the plan to sell PSU shares… highlights On Monday, IDBI Bank shares fell by about 15% to Rs 78. It joined the weak performing stocks of the banking index. The stock faced a sharp fall after the news of the government stopping the stake…

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IDBI Bank stake sale may be scrapped by government after low bids: Report

Buzz line3 days ago03 mins

The government of India is likely to scrap the bidding process for the sale of a majority stake in IDBI Bank after the offers received were reportedly below the government’s minimum price expectations, according to a Bloomberg report citing people familiar with the matter. The move would effectively bring the long-running privatization attempt to a…

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