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No govt, LIC veto post privatization of IDBI Bank

by AIP Online Bureau | Oct 23, 2022 | Banking & Bancassurance, Indian News, Life, Policy

The government earlier this month invited bids for the sale of a 60.72 percent stake in IDBI Bank, which is 45.48 percent owned by the government and 49.24 percent by the Life Insurance Corporation of India (LIC). The official said that post-privatization, the...

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