Sebi allows govt stake in IDBI Bank to be reclassified as public post sale - Shahpur Turk CSC - Common Service Centre in Sonipat Sebi allows govt stake in IDBI Bank to be reclassified as public post sale

06 January 2023

Sebi allows govt stake in IDBI Bank to be reclassified as public post sale

India's market regulator has allowed the government's shareholding in IDBI Bank to be reclassified as "public" after its stake sale on condition that its voting rights do not exceed 15%, the lender said on Thursday.

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