|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 85.6 INR | +2.09% |
|
-1.89% | +27.00% |
| 01/06 | IDBI Bank Limited Appoints Sumit Phakka as Deputy Managing Director | CI |
| 28/05 | IDBI SASF Gets 18 Offers for Bad Loans | CI |
NEW DELHI (Reuters) - The Indian government has received multiple bids for a majority stake in IDBI Bank, an official said in a tweet on Saturday, after the deadline for expressions of interest closed earlier in the day.
The government, which owns 45.48% of IDBI Bank, is looking to divest a 30.48% stake in the lender, alongside state-owned Life Insurance Corp of India (LIC), which will sell a 30.24% stake from its holding of 49.24% in the bank.
"The transaction will now move to the second stage," Tuhin Kanta Pandey, Secretary of India's Department of Investment and Public Asset Management, said in a tweet.
(Reporting by Nikunj Ohri Writing by Devjyot Ghoshal; Editing by Mark Potter)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 1,013 INR | +1.95% | -1.66% | 76.75B | ||
| 85.6 INR | +2.09% | -1.89% | 11.03B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +27.00% | 11.03B | |
| +8.64% | 206B | |
| -1.60% | 70.19B | |
| +8.99% | 56.34B | |
| +10.36% | 51.32B | |
| +16.13% | 48.95B | |
| +29.62% | 47.48B | |
| +8.15% | 35.72B | |
| -18.21% | 34.25B | |
| -96.60% | 32.24B |
IDBI BANK LIMITED 
