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Finance Ministry says Centre can sell its IDBI Bank stake
17 Oct 2026, 10:49 am IST·1 source·Medium coverage confidence
In short
The Finance Ministry said the Centre can sell its stake in IDBI Bank. It pointed to a 2018 Delhi High Court ruling to back the plan.
This matters because it supports the government’s dilution move in IDBI Bank. The reporting does not say how big the stake sale will be or when it will happen.
Want the full explanation?A classroom-style lesson: what happened, the concept behind it, every term defined, and questions to test yourself.
Publisher's headline: “Finance Ministry says Centre allowed to sell stake in IDBI Bank, refers Delhi HC's 2018 judgement to defend dilution”
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