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Lese-Ansicht

India Weighs Options to Revive Stalled IDBI Bank Privatization

Indian authorities are exploring ways to revive interest from potential buyers after their long-running efforts to divest a majority stake in the $8 billion-valued IDBI Bank Ltd. hit a snag, according to people familiar with the matter.

The IDBI Ltd. bank headquarters in Mumbai, India, on Friday, Oct. 21, 2022. India is pushing for a valuation of around 640 billion rupees ($7.7 billion) for state-owned IDBI Bank in what could be the biggest sale of the governments stake in a lender in decades, according to a person familiar with the matter.
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