IDBI Bank shares rise 7% after RBI submits ‘Fit & Proper’ report

IDBI Bank shares rise 7% after RBI submits ‘Fit & Proper’ report

Shares of IDBI Bank rose 7% to Rs 94 in Thursday’s trade on BSE after the Reserve Bank of India (RBI) has reportedly given its ‘fit and proper’ approval on bidders for the Bank ahead of the Union Budget 2024. IDBI Bank has been up for privatisation for several years, and the govt had been … Read more