IDBI Bank to sell 27% stake in IDBI Federal Life Insurance - Livemint 28-Jun-2020

IDBI Bank to sell 27% stake in IDBI Federal Life Insurance - Livemint

Last January, Life Insurance Corporation India (LIC) had acquired a 51% stake in IDBI Bank.India's insurance laws do not allow an insurance company to own a significant stake in a rival insurer

More...