Bengaluru, Aug. 25 -- During Monday's trading session, shares of a private sector institutional lender are in focus on the stock exchanges, after the bank received approval from the Securities and Exchange Board of India (SEBI) for the reclassification of Life Insurance Corporation of India (LIC) as a public shareholder.

At 01:22 p.m., the shares of IDBI Bank Limited were trading in the green at Rs. 95.09 on BSE, up by nearly 0.1 percent, as against its previous closing price of Rs. 95, with a market cap of Rs. 1.02 lakh crores. The stock has delivered negative returns of over 1 percent in the last one year, but has gained by about 2 percent in the last one month.

What's the News In light of the ongoing strategic disinvestment of the ID...