IDBI Bank privatisation picks pace, govt may allow access to private data by early August: DIPAM Secy

IDBI Bank sale: The divestment of IDBI Bank progressed, with private data to be available in August. Secretary Tuhin Kanta Pandey stated that the process aims to identify appropriate buyers and finalize the strategic sale within this fiscal year. The government plans a calibrated strategy to ensure value creation for state-run firms.