DIPAM Secretary Tuhin Kanta Pandey on Wednesday said the department is working on the Expression of Interest (EoI) and would soon invite preliminary bids from investors for the privatisation of IDBI Bank. IDBI Bank Privatisation: Govt To Soon Invite Bids for Disinvestment, Says DIPAM Secretary Tuhin Kanta Pandey.
According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation, , Bank Privatisation, central bank of india, indian overseas bank
Privatisation Of Bank: The Modi government at the Centre had earlier amended the 'Banking Regulation Act' to pave the way for private investment in State-owned banks.
Sitharam during budget session announced the privatisation of two public sector banks along with IDBI Bank in FY22, , psu, central bank of india, Indian Overseas Bank (IOB), Bank Privatisation