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Idbi Sells 25 Lakh Dfhi Shares To Sbi

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Our Banking Bureau BUSINESS STANDARD

Industrial Development Bank of India (IDBI) has sold 24,94,850 equity shares of face value Rs 100 per share in Discount and Finance House of India (DFHI) to State Bank of India (SBI) through a negotiated deal.

Just last week IFCI Ltd had sold its 2.75 per cent stake in DFHI to IDBI

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First Published: Feb 28 2003 | 12:00 AM IST

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