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IDBI Bank's ₹53,000-crore stake sale enters its decisive stage

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The government's plan to sell its stake in IDBI Bank, valued at around ₹53,000 crore, is nearing its final assessment. The transaction has been closely watched by investors and policymakers as a major test of the divestment programme. Its outcome will shape the government's broader strategy for privatising state-linked lenders. The source article, published by Economic Times, details the remaining hurdles and the process ahead.

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IDBI Bank's ₹53,000-crore stake sale enters its decisive stage · ShortSingh