Bank Stake Sale

The government has proposed to sell a 4 per cent stake in NMDC through an offer for sale on July 6-7 at a floor price of Rs 165 per share

IDBI Bank: The centre and LIC together own more than 94 per cent equity in the bank, with the centre owning 45.48 per cent and LIC owning 49.24

The government of India and LIC together own more than 94 per cent stake in IDBI Bank

The government is considering mid-sized to small banks for its first round of privatisation to test the waters.

The government plans to announce the sale of a 10 per cent to 15 per cent stake in the state-run Life Insurance Corporation in next week's budget, as part of a privatisation push to improve public finances, two government sources said

List of Stocks in Focus Today: ICICI Bank' board approved plan to offload 2.21% stake in ICICI Securities through offer for sale (OFS)

India has seen a number of multi-billion dollar transactions in 2020 from oil-to-telecom conglomerate Reliance Industries' fundraising efforts to GlaxoSmithKline's sale of its stake in Unilever's Indian business.

The IPO comprised sale of 3,89,87,081 equity shares, or 30.75 per cent stake by existing shareholders, including State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price International.

The IPO comprises sale of 30.75 per cent stake by existing shareholders, including State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price International.

The sources said the four lenders in the discussion are Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank

The PBOC held about 17.5 million shares, accounting for a 1.01 per cent shares, at end-March.

PM Modi in February had planned to raise as much as Rs 2.1 lakh crore selling state assets

The share sale is for an approximate total consideration of Rs 2,250 crore.

The sale will take place during trading hours on 12 June and that the floor rice for each equity share would be Rs 725 apiece

SBI's results are a bright spot for the country's bad loan-burdened financial sector that has been hit severely as the coronavirus forced a nationwide lockdown.

The government has proposed to sell a 4 per cent stake in NMDC through an offer for sale on July 6-7 at a floor price of Rs 165 per share

IDBI Bank: The centre and LIC together own more than 94 per cent equity in the bank, with the centre owning 45.48 per cent and LIC owning 49.24

The government of India and LIC together own more than 94 per cent stake in IDBI Bank

The government is considering mid-sized to small banks for its first round of privatisation to test the waters.

The government plans to announce the sale of a 10 per cent to 15 per cent stake in the state-run Life Insurance Corporation in next week's budget, as part of a privatisation push to improve public finances, two government sources said

List of Stocks in Focus Today: ICICI Bank' board approved plan to offload 2.21% stake in ICICI Securities through offer for sale (OFS)

India has seen a number of multi-billion dollar transactions in 2020 from oil-to-telecom conglomerate Reliance Industries' fundraising efforts to GlaxoSmithKline's sale of its stake in Unilever's Indian business.

The IPO comprised sale of 3,89,87,081 equity shares, or 30.75 per cent stake by existing shareholders, including State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price International.

The IPO comprises sale of 30.75 per cent stake by existing shareholders, including State Bank of India, Life Insurance Corporation, Bank of Baroda, Punjab National Bank and T Rowe Price International.

The sources said the four lenders in the discussion are Punjab & Sind Bank, Bank of Maharashtra, UCO Bank and IDBI Bank

The PBOC held about 17.5 million shares, accounting for a 1.01 per cent shares, at end-March.

PM Modi in February had planned to raise as much as Rs 2.1 lakh crore selling state assets

The share sale is for an approximate total consideration of Rs 2,250 crore.

The sale will take place during trading hours on 12 June and that the floor rice for each equity share would be Rs 725 apiece

SBI's results are a bright spot for the country's bad loan-burdened financial sector that has been hit severely as the coronavirus forced a nationwide lockdown.