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Wednesday 15 February 2017

Looking at weak and deteriorating financials, IDBI Bank stock price will,sooner or later, plunge. Stock price has been holding , despite disastrous nos, in expectation of disinvestment. However, ADB, IFC no longer interested to buy stake. We are confident that no disinvestment will take place in foreseeable future. S&P had already downgraded IDBI

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