Nilesh Shah on PSU privatisation: How Hindustan Zinc offers a lesson for IDBI Bank

What happened: Kotak AMC's Nilesh Shah cited Hindustan Zinc as an example of strategic divestment with a retained minority stake creating long-term national wealth, and said he hopes IDBI Bank's divestment delivers similar value. Key numbers: Government's remaining Hindustan Zinc stake worth over Rs 62,000 crore. Why it matters: Shah pointed to Hindustan Zinc as a lesson for IDBI Bank's divestment, suggesting retained minority stakes can generate substantial value for the government over time.

Kotak AMC's Nilesh Shah cited Hindustan Zinc as an example of strategic divestment with a retained minority stake creating long-term national wealth, and said he hopes IDBI Bank's divestment delivers similar value.

Shah pointed to Hindustan Zinc as a lesson for IDBI Bank's divestment, suggesting retained minority stakes can generate substantial value for the government over time.