The Economic Times

Nilesh Shah on PSU privatisation: How Hindustan Zinc offers a lesson for IDBI Bank

Kotak AMCs Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create long-term national wealth. He said the governments remaining stake is now worth over Rs 62,000 crore and expressed hope that IDBI Banks divestment would deliver similar value.