The Indian government and LIC are selling a nearly 61% stake in IDBI Bank, including a 30.48% stake of the Government of India and 30.24% o...

In an interview to PTI TV, the Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said the process o...

“Agencies have sought information to undertake criminal record checks for the prospective applicants. These take time as it involves coordi...

The Department of Investment and Public Asset Management (DIPAM) has informed prospective asset valuers that IDBI Bank has deferred tax ass...

The company had said if it were to participate in the bid process, the final composition of the bidding consortium would be different, and ...

“Depending upon different transactions, the due diligence process time is different. In the case iof IDBI Bank also, it will depend much on...

JC Flowers, Carlyle Group, Canada-based Fairfax group and Japanese Bank Sumitomo Mitsui are understood to have evinced interest in IDBI Ban...

The last date to submit bids is now January 7 against previously fixed December 16.

The EoIs for railways’ PSU Concor may be pushed to January as more clarity is required from the ministry of railways and the inter-minister...

In October, the government had invited expressions of interest (EoI) for a stake sale, along with the transfer of management control in IDB...

The RBI guidelines have barred corporates from being even a minority shareholder in consortium wanting to bid for 60 per cent stake in IDBI...

According to the conditions of the EoI, private sector banks, non-banking finance companies (NBFCs), foreign banks and even alternative inv...

The Cabinet Committee on Economic Affairs had given in-principle approval for strategic disinvestment and transfer of management control in...

Since IDBI Bank would be first of its kind with regard to privatisation in the banking sector, we are expecting a lot of investor queries t...

The government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of S...

The public sector lender held nearly 23 lakh shares of the National Stock Exchange (NSE) representing 5 per cent stake in the bourse.

IDBI Bank will sell its entire 5 per cent stake in country's leading stock exchange NSE in a transaction that may fetch the public-sector l...