Government Holding

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How much value will the potential buyer assign to IDBI Bank?

While the current valuation of IDBI Bank is pricing in the improvements in operating metrics and profitability, there can be further upside, driven by the potential sale of bank
ONGC may have to shell out at least Rs 44,000 cr for HPCL deal

The cash outgo will go towards acquiring the government holding as well as buying an additional 26 percent stake in HPCL via an open offer.
Dena Bank gets board approval to dilute govt stake

Government shareholding in the bank was 65 percent at the end of September 30. Last year, the government allowed public sector banks to bring down its stake to 52 percent so as to meet capital requirement.
Projecting 9% growth rate next year: IOB

M Narendra, Chairman of Indian Overseas Bank, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, spoke about the recent happenings in his company and the road ahead.

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Government Holding

How much value will the potential buyer assign to IDBI Bank?

ONGC may have to shell out at least Rs 44,000 cr for HPCL deal

Dena Bank gets board approval to dilute govt stake

Projecting 9% growth rate next year: IOB