'Should Have Bids For IDBI Before End Of FY'

'We are in a position to start due diligence and private data room access shortly.' IMAGE: IDBI Bank headquarter in Mumbai. Photograph: Niharika Kulkarni/Reuters The divestment of IDBI Bank is......

Meet Nirmalaji's Core Budget Team

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets. IMAGE: Finance Minister Nirmala Sitharaman distributes halwa......

IDBI Bank has deferred tax assets of Rs 11,520 cr

The government has informed the prospective asset valuers of IDBI Bank that the lender has deferred tax assets of Rs 11,520 crore and 120 properties in the top seven cities including Mumbai, Pune,......

Procedural delays likely in IDBI Bank stake sale; bids expected in Q3

The strategic sale of government and state-owned Life Insurance Corporation (LIC) of India stakes in IDBI Bank might encounter procedural delays, potentially pushing the timeline for expected......