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IDBI Bank bidders need to seek MHA security clearance in the first stage of bidding process

IDBI Bank bidders need to seek MHA security clearance in the first stage of bidding process

by AIP Online Bureau | Oct 9, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The DIPAM last week invited EoIs from prospective bidders of IDBI Bank offering to sell 60.72 per cent stake together with LIC. The last date for putting in bids is December 16 New Delhi: In a first, the government has made it mandatory for interested buyers of IDBI...
Piramal,Torrent,Oaktree and IndusInd Bank want extension of deadline for submitting bids for Reliance Capital

Piramal,Torrent,Oaktree and IndusInd Bank want extension of deadline for submitting bids for Reliance Capital

by AIP Online Bureau | Jul 31, 2022 | Indian News, Life, Non-Life, Regulation

Few bidders, including Piramal, Torrent, Oaktree and IndusInd Bank, have written to the administrator seeking an extension of the deadline from existing August 10 to September 15. Moreover, sources said, one of the bidders Piramal Group is also facing roadblock as...

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