Government will sell its stake in IDBI Bank: Canadian company will buy 60.72% shares; This is the biggest disinvestment by the government after Air India.
4 minutes ago copy link The Union Cabinet has given green signal to the plan to sell IDBI Bank. Under this decision, the Central Government and LIC will together sell their 60.72% stake in the bank to Canadian billionaire Prem Vats’ company ‘Fairfax’. This deal has been finalized for ₹52,877 crore. This is the biggest…