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

Meghalaya To Seed ₹3,914 Crore In 254 Tourism Projects, Taj Umiam Resort Marks Major Boost

Meghalaya To Seed ₹3,914 Crore In 254 Tourism Projects, Taj Umiam Resort Marks Major Boost

India-Oman: Surat's Jewellery Exports, Pune's Engineering Goods, & Visakhapatnam's Marine Products...

India-Oman: Surat's Jewellery Exports, Pune's Engineering Goods, & Visakhapatnam's Marine Products...

Amit Shah Urges Realtors To Include Green Spaces, Embrace RERA & Skill Development

Amit Shah Urges Realtors To Include Green Spaces, Embrace RERA & Skill Development

Odisha Bags Massive ₹67,000 Crore Investment Boost At Hyderabad Meet

Odisha Bags Massive ₹67,000 Crore Investment Boost At Hyderabad Meet

India To Slash Import Duties On Key Omani Goods Under New Trade Pact

India To Slash Import Duties On Key Omani Goods Under New Trade Pact