Friday, June 29, 2018

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

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
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

D-St surges 1% on reports govt to cut tax on foreign bond bets

Indian stock markets surged on Thursday. The Nifty and Sensex saw significant gains. This rise was driven by reports of a potential tax cut ...