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Asset valuer appointed for IDBI Bank; govt deliberating on share purchase pact: DIPAM secretary

by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, Indian News, Life, Policy

The privatisation of IDBI Bank has been in process for over two and a half years. In October, 2022, when the government, together with LIC, had invited EoI from investors for privatising IDBI Bank by selling a total of 60.72 per cent stake. This includes a 30.48 per...
Govt invites bids to engage asset valuer for IDBI Bank sale

Govt invites bids to engage asset valuer for IDBI Bank sale

by AIP Online Bureau | Sep 4, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The Department of Investment & Public Asset Management (DIPAM), on behalf of Gol and LIC, on Monday floated an RFP to engage a ”reputed Asset Valuer Entity -registered with Insolvency & Bankruptcy Board of India (IBBI), to act as the Asset Valuer for...

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