A day after the Union cabinet approved a ₹9,300-crore infusion, IDBI Bank is now looking to sell its stake in IDBI Federal Life Insurance Company and has mandated JP Morgan India to manage the process, according to a public announcement on Wednesday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com