Merging Home loan arm with itself: IDBI Bank

But the proposed sale of the unit was stalled as the government nominee in the board sought deferment and thereafter the plans was pretty much shunted

. The bank was reportedly looking at both the options of either retaining the mortgage unit as a wholly owned subsidiary or merge it with itself.

Merging Home loan arm with itself: IDBI Bank

By: Bhavana Jhingan

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