IDBI Bank share price crashes 15%, nears 52-week low as govt likely shelves stake sale plan

IDBI Bank shares fell 15% amid reports the Indian government is scrapping its plan to sell a majority stake due to bids below expectations. The stock price declined to ₹78.05, nearing a one-year low, with trading volumes above average.

IDBI Bank share price crashes 15%, nears 52-week low as govt likely shelves stake sale plan
IDBI Bank shares fell 15% amid reports the Indian government is scrapping its plan to sell a majority stake due to bids below expectations. The stock price declined to ₹78.05, nearing a one-year low, with trading volumes above average.

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