Sale of IDBI Bank a step closer after LIC gets Sebi nod
MUMBAI: Paving the best way for the sale of IDBI Bank, Sebi has authorised the reclassification of Life Insurance Corporation as a public shareholder from promoter of the financial institution as soon as the sale transaction is concluded. The regulator’s nod is topic to situations, together with LIC’s voting rights being capped at 10%, no […]
