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Govt advances disinvestment process for IDBI Bank, due diligence to begin in November: Report

By Economic Times - 7 hours ago
The government is advancing the disinvestment of IDBI Bank, with the due diligence process starting in November. Prospective bidders for the 60.72% stake will access the data room soon, having already secured necessary clearances. Financial bids are expected by the fourth quarter of FY25.

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