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Govt, LIC mull at least 51% stake sale in IDBI Bank

The government and life insurer LIC, which together own 94.71 per cent stake in IDBI Bank, are weighing in on Read more

IDBI Bank has entered into a share purchase agreement with Ageas Insurance International, wherein the bank is looking to sell Read more

IDBI Bank will offload its balance 25 per cent stake in Ageas Federal Life Insurance Company (AFLI) to Ageas Insurance Read more

Life Insurance Corporation of India has agreed to shed its shareholding in IDBI Bank with an objective to boost to Read more

The country’s biggest institutional investor Life Insurance Corporation of India (LIC) is keen to divest its stake in IDBI Read more

IDBI Bank and LIC have constituted a joint task force to chart out a roadmap, both for the bank as Read more

LIC which has already infused about Rs 14,500 crore in December 2018 in IDBI Bank, is likely to go slow Read more

IDBI Bank said in a communication that it has allotted shares worth Rs. 14,500 core to Life Insurance Corporation. The move was Read more

IRDAI has that it will set the timeline to reduce LIC’s shareholding in IDBI Bank from 51 % to 15%. Read more

The Cabinet cleared a deal to allow LIC raise its stake in IDBI Bank to 51 per cent, Finance Minister Read more