LIC-owned IDBI Bank to sell stake in 19 unlisted companies for $25.3m

LIC-owned IDBI Bank to sell stake in 19 unlisted companies for $25.3m

Photo: Pradeep Gaur/Mint

Life Insurance Corp. of India (LIC)-owned private sector lender IDBI Bank has decided to sell its stakes in 19 unlisted companies for at least ₹175 crore, showed a document seeking bids.