IDBI Bank stake sale might pave way for reducing Indian govt stake in other PSBs

IDBI Bank stake sale might pave way for reducing Indian govt stake in other PSBs

Photo: Pradeep Gaur/Mint

Finance minister Arun Jaitley, in his budget speech, indicated that the government will consider reducing the stake in IDBI Bank Ltd to less than 50% from 80.2% currently.

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