India: IDBI Federal Life Insurance in talks for 100% stake sale

India: IDBI Federal Life Insurance in talks for 100% stake sale

Photo: Pradeep Gaur/Mint

IDBI Federal Life Insurance, a three-way joint venture between IDBI Bank, Federal Bank and Belgian insurer Ageas, is exploring the possibility of a 100% stake sale, which would potentially lead to a complete exit for all three stakeholders, two people directly aware of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter