Government May Sell IDBI Bank Stake To Life Insurance Corporation: Sources
LIC is the biggest public shareholder in IDBI Bank, with a stake of 10.82% as of March. The government is considering selling over 40 per cent of its stake in IDBI Bank to state-run Life Insurance Corporation (LIC), sources have told. The government, which is the largest shareholder in IDBI Bank with 81 per cent … Read more
