IDBI Bank to sell properties

IDBI Bank to sell properties

FPJ BureauUpdated: Thursday, May 30, 2019, 02:51 AM IST
article-image

Mumbai : IDBI Bank has invited bids to sell its four residential and two commercial properties in Mumbai and Thane, the lender said in a notification. The last date of submission of bids is on Nov 8. To strengthen its weak capital base, IDBI Bank had in May put in place a turnaround plan, which included monetisation of its non-core assets. The state-owned lender had sold its stake in SIDBI, CCI earlier.

RECENT STORIES

India’s Sports Economy Enters In A New Era, Leaders At Pro Leagues Forum 2025 Map The Future of...

India’s Sports Economy Enters In A New Era, Leaders At Pro Leagues Forum 2025 Map The Future of...

Kia India Unveils The 'All-New' Kia Seltos, Marking The Return Of Benchmark-Setter In The Segment

Kia India Unveils The 'All-New' Kia Seltos, Marking The Return Of Benchmark-Setter In The Segment

Bombay Stock Exchange's Subsidiary Announces Launch Of Four New Factor Indices With 5% Stock Level...

Bombay Stock Exchange's Subsidiary Announces Launch Of Four New Factor Indices With 5% Stock Level...

Government Is Creating Business Process Reengineering Exercise For India Post, Making It Digitally...

Government Is Creating Business Process Reengineering Exercise For India Post, Making It Digitally...

SBI Managing Director Expresses Concerns Over Mechanism To Obtain Single Consent From Customers For...

SBI Managing Director Expresses Concerns Over Mechanism To Obtain Single Consent From Customers For...