2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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17.17%
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11.12%
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19.18%
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15.13%
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Detailed explanation-1: -IDBI Bank divests its entire 19.18% stake in ARCIL to Avenue India.
Detailed explanation-2: -"… IDBI Bank has sold its entire holding of 6, 23, 23, 800 fully paid-up equity shares constituting 19.18% of the total equity share capital of Asset Reconstruction Company (India) Ltd.
Detailed explanation-3: -IDBI Bank: The private lender said it has divested its entire stake of over 19 per cent in ARCIL to Avenue India Resurgence Pte.
Detailed explanation-4: -The government owns 45.48% of IDBI Bank, and is looking to divest a 30.48% stake in the lender, alongside state-owned Life Insurance Corp of India (LIC) (LIFI. NS), which will sell a 30.24% from its holding of 49.24% in the bank.
Detailed explanation-5: -The government and LIC hold 94.72 per cent stake together in IDBI Bank.