The proposed IDBI Bank disinvestment involves sale of 30.48% government stake in the bank, which is currently valued at ...

IDBI Bank Privatisation: The long-awaited privatisation of IDBI Bank is likely to be completed by the end of this month. The central government has set a clear target to finalize the disinvestment ...

At present, the government and state-run LIC jointly own 95 per cent of IDBI Bank. The government and LIC are together ...

They are also preparing for a hearing at the High Court to seek directions for convening the Hang Seng Bank Court Meeting where shareholders will consider the scheme. The Scheme Document, which will ...

Shares of Chinese regional lender Shengjing Bank Co. surged as much as 23% in Hong Kong trading on Monday, after its state-backed shareholder said it will raise an offer to take the bank private. The ...

The government may revisit its bank privatisation strategy and form a new panel to choose public sector banks for privatisation. In the past year, the Nifty PSU Bank Index has increased 65.4% against ...

The initial public offering (IPO) of a 10% stake in Angola’s largest private bank BAI, seen as a test case in a far-reaching privatisation push, has been priced at the top of an indicated range, BAI ...