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The Economic Times

Economy / The Economic Times

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IDBI Bank's renaming on radar ahead of divestment

Potential suitors for IDBI Bank's disinvestment face uncertainty regarding renaming the lender post-acquisition. The RBI previously rejected a rebranding proposal when LIC invested, citing IDBI's reclassification as a private sector bank. This lack of clarity could impact the bidding process, though progress is expected.

22 Jan 2026 12:57 am