India Approves Largest FDI Deal for IDBI Bank Disinvestment
The Indian government has approved the disinvestment of its 60.72% stake in IDBI Bank, marking the country's largest foreign direct investment (FDI) deal. A Canadian company will acquire this majority shareholding. Officials have assured IDBI Bank employees that there is no need for concern. This move follows similar government disinvestments like Air India.
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