Cpse Dividend News Today

Likely to revise the disinvestment target to a reasonable level as only Rs 10,051 crore have been garnered so far against the targeted Rs 51,000 crore.

The Indian government may face a disinvestment shortfall in FY24 due to potential delays in the strategic sale of IDBI Bank, possibly spilling into FY25. While surplus dividends from Central Public Sector Enterprises (CPSEs) might not fully compensate for the anticipated shortfall, the government is considering revising its combined disinvestment and dividend target of Rs 94,000 crore.