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IDBI Bank to sell up to 49% shares in two subsidiaries, to retain controlling stake
December 10, 2019 | By Moneycontrol.com
business
IDBI Bank said it will retain controlling stake in the subsidiaries with itself.
:
IDBI Bank will sell up to 49 per cent stake in its subsidiaries IDBI Capital Markets & Securities Ltd (ICMS) and IDBI Intech Ltd (IIL). The board of directors of IDBI Bank has given in-principle approval to divest or dilute IDBI Bank's stake in its subsi
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