🏦 Govt Begins Fresh Valuation of IDBI Bank

The government has started a new valuation process for IDBI Bank, resetting its disinvestment plan. A decision on inviting bids will be taken only after the valuation is completed, which may take about a month. The revised valuation will act as the benchmark for any future stake sale. Officials noted that current market conditions make the transaction more challenging. This move signals a cautious and strategic approach towards IDBI Bank’s privatisation. #IDBIBank #Disinvestment #BankingSector #StockMarketIndia #GovtPolicy