According to the conditions of the EoI, private sector banks, non-banking finance companies (NBFCs), foreign banks and even alternative investment funds registered with SEBI can bid for IDBI Bank.
Policy stability, relief on STT and LTCG key to winning back FPIs: Sudip Bandyopadhyay
Foreign investors are pulling money from Indian markets. Experts urge India to rethink taxes like STT and LTCG. Policy consistency is also a major concern