{
  "id": 6437566,
  "title": "NSE IPO: Indian Bank to divest 17.91% of its stake via OFS",
  "url": "https://urgent.news/2026/09/09/nse-ipo-indian-bank-to-divest-17-91-of-its-stake-via-ofs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T15:51:36.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/nse-ipo-indian-bank-to-divest-1791-of-its-stake-via-ofs/article71448395.ece"
  },
  "original_language": "en",
  "account": "Indian Bank plans to sell up to 17.91% of its stake in the National Stock Exchange of India Ltd (NSE) through an offer-for-sale in the bank's upcoming IPO, the lender announced on Wednesday. The bank confirmed that a consent letter for the offer has been signed on September 9, 2026. The expected completion of the sale is projected for the end of September 2026, according to the bank's exchange filing. In the fiscal year 2026, Indian Bank received a dividend of ₹29,31,25,000 from NSE. All comments must be in English and written in full sentences, avoiding any abusive or personal language.",
  "summary": "The expected date of completion of sale is likely to be the end of September",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}