LIC to acquire controlling stake of IDBI Bank
Aug 2nd, 2018 | By ThenewsmanofIndia.com(THE NEWSMAN OF INDIA.COM) The Union Cabinet chaired by Prime Minister Narendra Modi has approvedconveying of no objection to reduction in Government of India shareholding in IDBI Bank Limited to below 50% by dilution. It has also approved acquisition of controlling stake by Life Insurance Corporation of India (LIC) as promoter in the bank through
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