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Economy News

The Economic Times

Economy / The Economic Times

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Govt reviews divestment plans, IDBI Bank stake sale

Government officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted the proposed sale. A core group of secretaries is deliberating on revised valuations and timelines. Finance Minister Nirmala Sitharaman confirmed the strategic sale will proceed. The government aims to conclude the IDBI Bank transaction soon.

28 Apr 2026 1:06 am