ING planning return to India by buying controlling stake in IDBI Bank

The government and the Life Insurance Corporation of India together may sell 60.72 per cent of IDBI Bank

BS Web Team

Dutch banking group ING is planning to return to India by buying a controlling stake in the state-owned lender IDBI Bank, The Economic Times reported On Wednesday. Citing two people familiar with the development, the publication reported that ING top brass were in New Delhi recently to discuss the matter with senior officials. 

Also Read

RBI ready to relax norms to facilitate LIC, government stake sale in IDBI

Life insurers' new biz premium growth eases to 10% as LIC loses pace

IDBI Bank net profit jumps 46% to Rs 828.09 crore in Sept quarter

IDBI Bank surges 11% as govt invites bids for strategic divestment

IDBI Bank's Q1 net rises 25% to Rs 756 cr as provisions, contingencies dip

FinMin to meet heads of PSBs; to review progress of various schemes

FinMin to meet heads of PSBs on Thursday; to review schemes' progress

After hitting road bump in Dec, bank credit growth to regain pace in Q4

RBI guidelines may prompt J&K Bank to dilute promoter shareholding

Bank of Maharashtra raises rates on term deposits after union appeal

First Published: Jan 18 2023 | 11:40 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to