Government Disinvestment News

Companies

The five state banks that won a 2-year extension from Sebi might need more time

These banks may need three more years to meet Sebi's public shareholding mandate. The banks plans to use qualified institutional placements of shares to reduce the government's stake in them, but in phases.

3 min read10 Aug 2024
Industry

Are IDBI Bank's potential suitors good enough? RBI is checking

RBI is expected to inform the government about its findings soon, which could be sometime during this month

2 min read8 Apr 2024