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SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

Finance

13 August, 2024

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% ......

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

Finance

01 August, 2024

Billionaire Prem Watsa's Fairfax among bidders for IDBI Bank stake

The Reserve Bank of India has completed its review of potential buyers for a majority stake in IDBI Bank, approving ......

Government unlikely to sell stake in IDBI Bank this fiscal

Finance

16 November, 2023

Government unlikely to sell stake in IDBI Bank this fiscal

The Indian government does not expect to conclude the sale of IDBI Bank by the end of the financial year ......

Mubadala looks to raise fresh funding via dual-tranche bonds

Finance

11 May, 2023

Mubadala looks to raise fresh funding via dual-tranche bonds

Abu Dhabi sovereign investor Mubadala is expected to raise $1.5 billion from a sale of bonds maturing in 10-1/2 and ......

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

Finance

13 April, 2023

RBI evaluates Fairfax-backed bank, other potential bidders for IDBI Bank

The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority ......