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IDBI Bank down 35% from peak: Is it time to buy the dip?

IDBI Bank shares dropped significantly following reports of a potential stake sale delay. Bids reportedly fell below the government’s expected price. This has led to a sharp decline in the stock’s valuation. Investors are advised to monitor the bank’s financial performance improvements before considering investment. The bank’s net interest margin shows a declining trend, though asset quality has improved.

Source :- Markets-Economic Times Read More

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