Govt receives financial bids for IDBI Bank stake sale, says Dipam

This comes after the government fell short of its budgeted divestment target of about Rs 47,000 crore in FY26.Photograph: PTI Photo from the Rediff Archives Key PointsThe Centre and LIC together hold a 95% stake in IDBI Bank, of which 60.72% is on the blockAsset monetisation and divestment would remain key pillarsDipam had received multiple EoIs for IDBI BankThe government on Friday received financial bids for the strategic divestment of IDBI Bank, the Department of Investment and Public Asset Management (D ...