The Department of Investment and Public Asset Management (DIPAM) on Wednesday extended the deadline to submit Expressions of Interest (EoI) for the strategic disinvestment of IDBI Bank to January 7 next year from December 16.
The last date for submitting physical copies of EoI by interested bidders who have done so electronically was extended from December 23 to January 14.
The finance ministry, on October 7, issued a preliminary information memorandum (PIM) inviting EoI for the strategic disinvestment of aggregate 60.72 per cent stake of IDBI Bank Limited by the central government and the Life Insurance Corporation of India along