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IDBI Bank picks bankers for sale of non-core assets

By Bruhadeeswaran R

  • 08 Sep 2017
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IDBI Bank picks bankers for sale of non-core assets
Credit: Shah Junaid/VCCircle

State-run IDBI Bank has hired several investment banks to sell its non-core businesses as part of efforts to shore up its capital base after high bad loans led to massive losses, three people aware of the development told VCCircle.The bank has put almost all its non-core assets on the block ......

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