Kotak Mahindra Bank says it did not submit a financial bid for the IDBI Bank divestment, clarifying market speculation as ...

Financial bids for the strategic disinvestment of IDBI Bank have been received and will be evaluated, the Department of ...

Final bids are in sight as the government moves closer to exiting IDBI Bank in FY26. Why this deal could reshape India’s ...

The successful bidder will be required to secure final approval from the Reserve Bank of India, which will assess the buyer ...

IDBI Bank shares surged close to 7 per cent on Wednesday, bucking a weak market, as heavy volumes and renewed optimism around the government’s stake sale drove buying interest.

The Centre and Life Insurance Corporation of India together hold approximately 90 per cent of IDBI Bank, with 60.72 per cent ...

The privatisation of IDBI Bank has been stalled for over three years, after the government and LIC invited expressions of ...

Given the limited time left in the current financial year, proceeds from the IDBI Bank disinvestment are now expected to flow into the government of India and Life Insurance Corporation of India (LIC) ...

The three bidders were allowed to move to the final stage of the process after completing due diligence and clearing the ...

MUMBAI: With Kotak Mahindra Bank formally exiting the bidding process for the 61% stake in IDBI Bank being divested by the ...

India has set a February 5 deadline for financial bids in the privatization of IDBI Bank, pushing the long-delayed sale into its final stage. The federal government and state-owned Life Insurance ...

IDBI Bank shares fell amid updates on its strategic disinvestment, with Fairfax Financial and Emirates NBD emerging as ...