AIBEA asks government to retain at least 51% stake in IDBI Bank

According to media reports the Life Insurance Corporation of India (LIC) is planning to acquire a majority stake in IDBI Bank, which is likely to reduce the government#39;s stake to below 51 percent. LIC currently holds 10.8 per cent in the bank.

from Moneycontrol Business News https://ift.tt/2tIVWsS