Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
Govt may complete IDBI Bank privatisation by Mar 2026: Dipam Secretary
Update / Judgement Date
21 Aug 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingCorporate Law & Governance
The government has indicated that the divestment of IDBI Bank is likely to be completed by the close of FY26. The DIPAM Secretary confirmed that the process is moving forward, with the government and LIC set to sell a combined 60.72% stake. This strategic sale is a key part of the government's disinvestment target and is expected to attract significant interest from both domestic and international bidders. The divestment of the bank is a significant step towards the government's goal of privatization and reducing its fiscal deficit.
