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PSU divestment target: India s divestment target in 2024-25 could be its lowest in nine years: Source

Interim Budget 2024: India may set a lower divestment target for state firms in fiscal 2024-25, falling short of this year s goal to be the lowest in nine years. The government is unsure whether regulatory delays will allow it to complete the sale of a majority stake in IDBI Bank, which is expected to bring more than RS 200 billion into government coffers when completed.

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