FinanceRepublic World
India Receives Revised Bids From Fairfax Financial and Emirates NBD For IDBI Bank Stake Sale: Report
in5points
India received revised financial bids from Canada's Fairfax Financial and Dubai's Emirates NBD for a majority stake sale in IDBI Bank.
A government source told Reuters the bidding process is likely to be completed within a month.
IDBI Bank shares traded 2.8% higher at 86.38 rupees following the news.
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