Govt invites fresh bids from asset valuers of IDBI Bank
The asset valuer has to be registered either with the Insolvency and Bankruptcy Board of India, or Sebi, or the Institute of Chartered Accountants of India (ICAI).
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The asset valuer has to be registered either with the Insolvency and Bankruptcy Board of India, or Sebi, or the Institute of Chartered Accountants of India (ICAI).
The central government has issued a fresh Request for Proposal (RFP) for the appointment of an asset valuer for the strategic sale of IDBI Bank. The last date for submitting bids is January 5, following the cancellation of the previous bid process due to low bidder interest.
The government has so far this year raised a paltry Rs 8,000 crore with more than half of it coming from a 3 per cent stake sale in Coal India Ltd through OFS
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