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Govt invites bids from transaction advisors, legal firms for assisting in strategic sale of IDBI Bank

23 Jun 2021

The government has invited bids from transaction advisors and legal firms for assisting in the strategic sale of IDBI Bank.The Cabinet had in May given in-principle approval for IDBI Bank's strategic disinvestment along with transfer of management control.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

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