World & BusinessGovernment reportedly evaluating bids for proposed 60.72% IDBI Bank stake sale
The Economic Times, citing sources, reports that revised financial bids from Fairfax Financial Holdings and Emirates NBD are under review.
TLDR
The government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stake in IDBI Bank, The Economic Times reports, citing sources. The report describes the process as moving at a steady pace.
Government reportedly evaluating bids for proposed 60.72% IDBI Bank stake sale
The Economic Times, citing sources, reports that revised financial bids from Fairfax Financial Holdings and Emirates NBD are under review.
TLDR
The government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stake in IDBI Bank, The Economic Times reports, citing sources. The report describes the process as moving at a steady pace.
