IDBI Bank divestment: IDBI Bank's privatisation has entered the last leg. Sources have told ET NOW that the government is moving closer to the strategic disinvestment of IDBI Bank, with the process ...

Officials are studying legal provisions within the tendering framework that may allow acceptance of offers even if they fall below the reserve price, ET report said.

Today's buying momentum was driven by reports suggesting that the government is evaluating ways to revive investor interest in IDBI Bank.

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done ...

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Shares of Chinese regional lender Shengjing Bank Co. surged as much as 23% in Hong Kong trading on Monday, after its state-backed shareholder said it will raise an offer to take the bank private. The ...

The government may revisit its bank privatisation strategy and form a new panel to choose public sector banks for privatisation. In the past year, the Nifty PSU Bank Index has increased 65.4% against ...

HSBC Holdings plans to take Hang Seng Bank private in a deal that values the lender at $37 billion, ramping up its exposure to Hong Kong as the financial hub attempts to bounce back from years of ...

ROME, Oct 20 (Reuters) - Italy's Treasury said on Friday it had picked UBS , Jefferies and Clifford Chance as financial and legal advisers for the privatisation of bailed-out bank Monte dei Paschi di ...