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VERIFIEDMint Markets·positive
IDBI Bank share price jumps 20% amid flurry of OFS by GoI-owned stocks
AI Summary
- ·IDBI Bank shares surged by approximately 20%.
- ·The Indian government is considering the privatization of IDBI Bank.
- ·Previous bids from Fairfax Financial and Emirates NBD were rejected for not meeting the reserve price.