India, Dec. 16 -- The government has decided to divest up to 3% stake in state-owned Indian Overseas Bank (IOB) through an Offer for Sale (OFS) starting Wednesday.
At the current market price, the stake sale is expected to fetch around Rs 2,100 crore. Shares of IOB ended Tuesday's session at Rs 36.57 apiece, down 1.08% on the BSE.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....