Saturday, June 25, 2022
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IDBI Bank

IDBI Bank Board approves divestment of remaining 25% stake in life insurance arm

Synopsis: The Board of Directors of IDBI Bank has approved the divestment of the bank's remaining 25 percent stake in Ageas Federal Life Insurance Company Limited (AFLI) to Ageas Insurance International NV (Ageas), the bank said in a regulatory filing

No PSU employees involved in ABG scam: Finance Minister

The FM has told parliament that the CBI has registered a case against the company and its directors last month and no PSU employee has been found to be involved in the ABG scam

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