IDBI Bank Ltd has decided to sell its entire 5% stake in Clearing Corp. of India Ltd (CCIL), according to two people aware of the development, as it looks to strengthen its weak capital base through the sale of assets that are not central to its main business.
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in