IDBI SHARE PRICE SURGED BY THE DISINVESTMENT PLAN OF GOVERNMENT

Highlights:

• Shares of IDBI surged by 15% after the Finance Minister announced the disinvestment plan of the government.
• The government's disinvestment plan for FY 2020-21 is Rs. 2.1 lakh crores.
• The government will divest its shares in the bank via stock exchanges.

Stocks of Industrial Development Bank of India (IDBI) surged by 15%. This came after Nirmala Sitharama....