IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...

The Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...

India's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...

The bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...

The government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...

Indian authorities are exploring ways to revive the long-delayed sale of a majority stake in IDBI Bank after bids fell short of expectation...

IDBI Bank, backed by Life Insurance Corp. of India, reported quarterly earnings that missed estimates on Thursday, adding another layer of ...

Govt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...

Amid market volatility linked to the Iran conflict and delays in the IDBI Bank sale, the government plans to accelerate asset monetisation ...

Government may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...

IDBI Bank, once a development finance institution, is nearing privatization after years of financial stress and government intervention. In...

IDBI Bank stake sale: The reserve price will be decided after receipt of the financial bids and before they are opened, said the people cit...

This meant that bidders who qualified in the first or the Expression of Interest round, were required to seek security clearance from the g...

The government will divest a 30.48 per cent stake in the lender and the Life Insurance Corp of India (LIC) will sell a 30.24 per cent stake...

For the moment, the government is open to selling its entire 94.71% stake. This includes LIC's 49.24% equity stake, which comes with manage...

IDBI Bank has sought Cabinet approval as the government’s stake will decline to below 50 per cent subsequent to the preferential offer of e...