IDBI Bank shares rose nearly 20% as the government considers reviving its privatization. Options under review include reassessing previous bids from Fairfax Financial and Emirates NBD, which were rejected for not meeting the reserve price. A decision is expected soon to bolster non-tax revenue.
IDBI Bank shares rose nearly 20% as the government considers reviving its privatization. Options under review include reassessing previous bids from Fairfax Financial and Emirates NBD, which were rejected for not meeting the reserve price. A decision is expected soon to bolster non-tax revenue.
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