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Akshay Patel

22nd Aug 2025 · SEBI-Registered Analyst

IDBI bank

IDBI
stated that stake sale process is likely to be completed in the next month after the due diligence has been nearly completed. The process, including RFP stage, may be finalized by the end of the financial year, with LIC's stake (60.72%) being sold, valued at around Rs 20,000 crore out of the targeted Rs 47,000 crore. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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