Nilesh Shah on PSU privatisation: How Hindustan Zinc offers a lesson for IDBI Bank
60-Word AI Digest
Kotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create long-term national wealth. He said the government’s remaining stake is now worth over Rs 62,000 crore and expressed hope that IDBI Bank’s divestment would deliver similar value.
Key Takeaways
- Kotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create long-term national wealth.
- He said the government’s remaining stake is now worth over Rs 62,000 crore and expressed hope that IDBI Bank’s divestment would deliver similar value.
- Full details and original dispatch available below.
Kotak AMC’s Nilesh Shah cited Hindustan Zinc as an example of how strategic divestment combined with a retained minority stake can create long-term national wealth. He said the government’s remaining stake is now worth over Rs 62,000 crore and expressed hope that IDBI Bank’s divestment would deliver similar value.
Original Publisher Attribution
This summary was curated from Economic Times.