IDBI Bank stake sale process may face delays
pre-market1 source ↓written by the desknot a recommendation
The divestment process for IDBI Bank may face delays as bidders Fairfax Financial Holdings and Emirates NBD reportedly submitted bids below the reserve price of ₹130 per share. A core group of secretaries met recently to review the situation, indicating potential complications ahead for the sale. 📉
Not investment advice. For informational purposes only.