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India to sell 60.72% stake in IDBI Bank despite failed bids.
Finance Minister Nirmala Sitharaman confirmed the government will continue selling a 60.72% stake in IDBI Bank, despite earlier bids failing.
She stated there are no immediate plans for bank consolidation, though a high-level committee will review the issue.
Sitharaman highlighted that India's economic growth remains strong due to robust domestic consumption and agriculture, even as global uncertainties persist.
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India venderá el 60.72% de la participación en IDBI Bank a pesar de las ofertas fallidas.