IDBI Bank Shares Surge 12% as Divestment Process Advances to Next Stage
Shares of IDBI Bank surged by up to 12% on January 16, 2025, to reach ₹82 per share following the news that the state-run lender has moved into the next stage of its divestment process. This significant jump in the stock price comes after Moneycontrol reported that KPMG, a global consultancy firm, is currently conducting…