IDBI Bank Divestment on Track; Govt Urges Fair Dividends from Private Sector

📈 DIPAM Secretary Arunish Chawla stated that

’s strategic disinvestment is progressing smoothly, with the Share Purchase Agreement currently under discussion. He emphasized the government's composed approach amidst market volatility. Notably, CPSEs contributed 23% of total dividends despite comprising just 10% of market cap, prompting a call for fair dividend declarations from private sector firms.