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Govt defends IDBI Bank valuation, says process added ₹3,917 cr to deal value

The Finance Ministry said the Core Group of Secretaries on Disinvestment had the authority to decide the bidding process, which helped increase the IDBI Bank stake sale value by ₹3,917 crore

Govt defends IDBI Bank valuation, says process added ₹3,917 cr to deal value

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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