DFS Secretary says government is on track to finalize IDBI Bank stake sale by end of fiscal year 2026.

DFS Secretary says government is on track to finalize IDBI Bank stake sale by end of fiscal year 2026.

The government of India has announced plans to undertake an Offer for Sale (OFS) in five public sector banks. The banks in question are Bank of Maharashtra, Indian Overseas Bank, UCO Bank, Central Bank of India, and Punjab and Sind Bank. The primary objective of this...