India is aiming to sell 60.72% in the Mumbai-based lender, which amounts to about $7.1 billion at IDBI Bank’s current market ...

Hopes have faded for the 366 other people unaccounted for after mudslides and floods triggered by the cyclone, which brought record rains across the island last week.

India is preparing to invite bids for its 60.72% stake in IDBI Bank Ltd., valued at approximately $7.1 billion. This move is ...