IDBI Bank

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

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