All stories by Shrimi Choudhary And Abhijit Lele
Govt seeks regulator's nod to sell IDBI Bank stake to LIC
Rediff.com23 Jun 2018The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.