India: IDBI Bank steps up sale of non-core assets, looks to offload 5% in CCIL

India: IDBI Bank steps up sale of non-core assets, looks to offload 5% in CCIL

Photo: Pradeep Gaur/Mint

IDBI Bank Ltd has decided to sell its entire 5% stake in Clearing Corp. of India Ltd (CCIL), according to two people aware of the development, as it looks to strengthen its weak capital base through the sale of assets that are not central to its main business.

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