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LIC will become IDBI bank! Government can sell its stake
Insurance company life insurance Corporation of India (lic) IDBI Bank shares are able to purchase. Media reports, according to the lic to the government approved the wait. If so if lic the banking sector will log. Of the basic information as lic by idbi Bank 43 percent share 10 thousand in rupees buy get in. Except LIC have the Bank's 51 per cent can be. The result of the Bank power insurance company come in handy will. At present lic have 8 percent share the present time lic IDBI Bank 8 percent share has. I have in the Center of the government Bank 80.96 per cent of increased from 85.96 per share them were. Lic from the board before the Bank's share to take has been approved is. Government after approval lic board a વારથી the thinking about can. IDBI Bank capital a lack of IDBI Bank capital hazard fight have been. Many other media by capital collecting being. Bank of state improve drill carry. Privacy and government loss and npa fight the IDBI Bank capital available to get the responsibility not have. The government of the intent privatization by the Bank's board of commercial to make. So the Bank's operations improvement with responsibility to rise. The other side of a number of government banks merger and news also. Notable that the government banks re-capitalization ( capital) under 85 thousand crore available had it. Also the banks loss of the 78 thousand crore has reached. Before it was found that the government many options to get in. The Bank partnership to reduce the placement (qip) no option but it was. Years, 62 percent of loss notable છએ that the past year IDBI Bank damage 62 per cent increase has. Financial year 2016-17મા the 5158 crore in the year 2017-18 to 8237 crore done. Bank npa also during this time to 55 of 588 crore out.
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