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IDBI Bank Limited — Updates, 23-08-2025: General Updates
23-08-2025 | 09:04 pm
23-08-2025 | 09:04 pm
SEBI greenlights LIC as a public shareholder in IDBI Bank post-disinvestment. Key conditions: LIC's voting cap at 10%, no board seats, no control, and reducing stake to 15% within two years. This is a crucial step towards the bank's strategic sale.
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