News › Markets · 17 Oct 2026, 10:49 AM IST · 3 days ago

Finance Ministry says Centre allowed to sell stake in IDBI Bank, refers Delhi HC's 2018 judgement to defend dilution

Bias: Neutral 0

In one line — Finance Ministry in an official statement clarified that the central government is within its rights to sell its stake in IDBI Bank and referred to a 2018 judgement by the Delhi HC to defend its dilution plan. 

Bearish

Bullish

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Source: Mint · AI-summarised by Anadi · Updated 17 Oct 2026, 11:43 AM IST

What Happened

Finance Ministry in an official statement clarified that the central government is within its rights to sell its stake in IDBI Bank and referred to a 2018 judgement by the Delhi HC to defend its dilution plan. 