IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lender’s long-delayed privatisation process. Reports that the government is exploring ways to revive stake-sale discussions, coupled with improving asset quality and strong net interest income growth, boosted investor sentiment.
IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lender’s long-delayed privatisation process. Reports that the government is exploring ways to revive stake-sale discussions, coupled with improving asset quality and strong net interest income growth, boosted investor sentiment.
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