IDBI Bank sale: RBI may not relax stake-dilution timeline for new buyer – Business Standard
Govt intime periodediaries sought exemptions in IDBI financial institution sale beneath RBI guidelines, which require promoters’ shareholding to be lowered by 26% submit acquisition
Primeics
RBI | IDBI Bank | privatisation
Nikunj Ohri |
New Delhi
Last Up So far at June 12, 2022 22:15 IST
The Reserve Bank of India (RBI) is unlikely to grant any particular dispensation to The mannequin new purchaser of IDBI Bank over the submit-acquisition glide path for reducing promoter shareholding Inside the Prolonged time period.
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