India Seeks $7.7 Billion Value For IDBI Bank In Stake Sale

India Seeks $7.7 Billion Value For IDBI Bank In Stake Sale

India is pushing for a valuation of around $7.7 billion for state-owned IDBI Bank Ltd. in what could be the biggest sale of the government’s stake in a lender in decades, according to a person familiar with the matter The government earlier this month invited bidders...