Govt issues clarification on ‘strategic restructuring’ process of IDBI Bank
By Uma DeviEthiopia
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Finance Minister Nirmala Sitharaman had earlier described the IDBI Bank deal as a "strategic restructuring" rather than a strategic disinvestment -- highlighting that both the government and LIC will remain shareholders in the lender after the transaction is completed.
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About this article
- Length
- 39 words · 1 min read
- Published
- October 30, 2026
- Byline
- Uma Devi
- Source
- The Munsif Daily