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 2024Industry
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