<p>Shares of IDBI Bank zoomed 18 per cent on Saturday after Finance Minister Nirmala Sitharaman said the government's balance holding in the company will be sold.</p>.<p>The scrip advanced 17.55 per cent to Rs 39.85 on the BSE.</p>.<p><strong><a href="https://www.deccanherald.com/liveblog/stock-markets-live-sensex-nifty-flat-hul-gail-stocks-gain-800276.html" target="_blank">Follow DH's stock market liveblog here</a></strong></p>.<p>On the NSE, it jumped 18 per cent to Rs 39.90.</p>.<p>The Finance Minister on Saturday said a clean, reliable and robust financial sector is required for achieving the ambitious target of USD 5 trillion economy.</p>.<p><strong><a href="https://www.deccanherald.com/liveblog/budget-2020-live-countdown-begins-as-fm-sitharaman-anurag-thakur-reach-parliament-800199.html" target="_blank">Follow DH's Budget 2020 liveblog here</a></strong></p>.<p>She also said the government's balance holding in IDBI bank will be sold to private retail investors.</p>.<p><strong><a href="https://www.deccanherald.com/union-budget-2020?_ga=2.228681627.660442438.1580262067-986234241.1579792462" target="_blank">Follow DH's Union Budget 2020 coverage here </a></strong></p>.<p>Presenting the Budget for 2020-21, Sitharaman said robust mechanism was in place to monitor health of all commercial banks and asserted that depositors' money was absolutely safe.</p>.<p>She noted that Rs 3.50 lakh crore capital had been infused in public sector banks in past years, while acknowledging that there was a need for greater private capital in banks.</p>
<p>Shares of IDBI Bank zoomed 18 per cent on Saturday after Finance Minister Nirmala Sitharaman said the government's balance holding in the company will be sold.</p>.<p>The scrip advanced 17.55 per cent to Rs 39.85 on the BSE.</p>.<p><strong><a href="https://www.deccanherald.com/liveblog/stock-markets-live-sensex-nifty-flat-hul-gail-stocks-gain-800276.html" target="_blank">Follow DH's stock market liveblog here</a></strong></p>.<p>On the NSE, it jumped 18 per cent to Rs 39.90.</p>.<p>The Finance Minister on Saturday said a clean, reliable and robust financial sector is required for achieving the ambitious target of USD 5 trillion economy.</p>.<p><strong><a href="https://www.deccanherald.com/liveblog/budget-2020-live-countdown-begins-as-fm-sitharaman-anurag-thakur-reach-parliament-800199.html" target="_blank">Follow DH's Budget 2020 liveblog here</a></strong></p>.<p>She also said the government's balance holding in IDBI bank will be sold to private retail investors.</p>.<p><strong><a href="https://www.deccanherald.com/union-budget-2020?_ga=2.228681627.660442438.1580262067-986234241.1579792462" target="_blank">Follow DH's Union Budget 2020 coverage here </a></strong></p>.<p>Presenting the Budget for 2020-21, Sitharaman said robust mechanism was in place to monitor health of all commercial banks and asserted that depositors' money was absolutely safe.</p>.<p>She noted that Rs 3.50 lakh crore capital had been infused in public sector banks in past years, while acknowledging that there was a need for greater private capital in banks.</p>