IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' time


IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' time

During a presentation before the Department of Investment and Public Asset Management (DIPAM) held recently, most of the eligible transaction advisers gave a time-frame of 50-52 weeks to undertake several stages of the privatisation process of IDBI Bank, market sources said.

RBI's initiative will help in improving trust levels among customers because only licensed entities will be permitted to conduct eKYC, said Ankit Bhatnagar, Head of Product, Mswipe.


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