Yes Bank stake sale hits regulatory wall as RBI against 51% purchase

Yes Bank stake sale hits regulatory wall as RBI against 51% purchase

Yes Bank’s stake sale has hit a regulatory wall as the Reserve Bank of India (RBI) is not in favour ..

SBI eyes stake sale in Yes Bank by March-end

SBI eyes stake sale in Yes Bank by March-end

Yes Bank, rescued in 2020 primarily by the country’s largest lender State Bank of India (SBI), is li..

IDBI Bank stake sale: RBI’s ‘fit and proper’ report sets ball rolling

IDBI Bank stake sale: RBI’s ‘fit and proper’ report sets ball rolling

After years of wait, IDBI Bank’s stake sale process has gathered fresh momentum with the Reserve Ban..

 IDBI Bank stake sale: Govt invites fresh bids from asset valuers

IDBI Bank stake sale: Govt invites fresh bids from asset valuers

The government has issued a fresh RFP for the appointment of asset valuer for the strategic sale of ..

IDBI Bank stake sale: Govt cancels bid for asset valuer

IDBI Bank stake sale: Govt cancels bid for asset valuer

IDBI Bank’s stake sale is set for further delay as low bidder interest has prompted the government t..

Govt to exit Axis Bank with 1.55% stake sale via OFS

Govt to exit Axis Bank with 1.55% stake sale via OFS

The Specified Undertaking of the Unit Trust of India (SUUTI), under the Union government, will sell ..

Govt seeking $7.7 bn value for IDBI Bank in stake sale

Govt seeking $7.7 bn value for IDBI Bank in stake sale

The government is looking for a valuation of Rs 640 billion ($7.7 billion) for IDBI Bank, which will..

Govt seeks waiver from Sebi in key norm for IDBI Bank stake sale

Govt seeks waiver from Sebi in key norm for IDBI Bank stake sale

In order to make the IDBI Bank purchase attractive, the Indian government is in talks with market re..

Govt likely to float EoI for IDBI Bank stake sale within a month

Govt likely to float EoI for IDBI Bank stake sale within a month

The government will likely float an expression of interest (EoI) for the divestment of IDBI Bank wit..

Govt seeks to hire advisors for stake sale in IDBI Bank

Govt seeks to hire advisors for stake sale in IDBI Bank

Setting the ball rolling, the government has invited proposals to appoint transaction and legal advi..

Govt to earn Rs 4,000 cr via stake sale in Axis Bank

Govt to earn Rs 4,000 cr via stake sale in Axis Bank

The government is set to earn close to Rs 4,000 crore from its stake sale in Axis Bank through the S..

Sale of IDBI Bank, stake in LIC likely to be announced

Sale of IDBI Bank, stake in LIC likely to be announced

IDBI Bank, which was bailed out by the state-run Life Insurance Corporation (LIC) in January 2019, w..