IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lender’s long-delayed privatisation process. Reports that the government is exploring ways to revive stake-sale discussions, coupled with improving asset quality and strong net interest income growth, boosted investor sentiment.
IDBI Bank shares surged 19% on Wednesday, continuing a four-day rally with heavy trading. This massive surge is driven by renewed optimism surrounding the bank's long-pending privatization process. Reports of government efforts to revive stake-sale discussions, alongside…
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