IDBI Bank’s disinvestment is now at the last stop. The legendary companies have almost completed their investigation to purchase 60.72% stake of government and LIC. After the statement of DIPAM Secretary Arunesh Chawla, the shares saw a jump of more than 8% – which clearly indicates that the deal is now on the final stage. This is considered to be the most important deal of this year of the Modi government, which will help in meeting the disinvestment target of ₹ 47,000 crore. The mega disinvestment of idbi bank is now in its final lap. Big Financial Players Have Nearly Completed due Diligence to buy the government & lic’s 60.72% stake. Following Dipam Secretary Arunesh Chawla’s Update, IDBI Shares surgged over 8% Intraday – a clear signal that deal is close to closing. This disinvestment is a key pillar in modi government’s ₹ 47,000 Crore Divestment Target for FY25. With ₹ 20,000 Crore Alady Raised in Q1, The IDBI Sale is expected to brings in a significant Amount. Sharehlders should watch this space closely!
IDBI Bank ready to be sold – crores of crores at the last turn! , Paisa Live | Idbi bank is ready to be sold – deal Worth broes is in its final stage!
