IDBI Bank's ₹52,878 crore sale: What explains the ₹3,917 crore increase in winning bid? Centre clarifies
Summary
The government says IDBI Bank’s ₹52,878 crore sale process did not involve a change to the reserve price. A revised second-round bidding procedure helped raise the winning offer by ₹3,917 crore.
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IDBI Bank's ₹52,878 crore sale: What explains the ₹3,917 crore increase in winning bid? Centre clarifies
The government says IDBI Bank’s ₹52,878 crore sale process did not involve a change to the reserve price. A revised second-round bidding procedure helped raise the winning offer by ₹3,917 crore.
