How to kill a bank in India5 min read . Updated: 16 May 2016, 01:53 AM IST
The story of IDBI Bank: from struggles to become a bank and competition from public-turned-private peers to calls for privatization and an identity crisis today
In his February budget speech, finance minister Arun Jaitley said the government would look at paring its stake in IDBI Bank Ltd to less than 51%. Jaitley’s statement came a few months after his deputy Jayant Sinha had spoken about transforming IDBI Bank “in a manner similar to" Axis Bank Ltd.
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