IDBI Bank
BSE 500116 · ISIN INE008A01015
31 stories, newest first.
- Crisil AA placed on Watch Positive; Crisil A1+ reaffirmed on Rs.40000 crore certificate of deposit programme
- IDBI Bank reports healthy quarter overall but profit down 39% due to high base from prior one-time gains
- IDBI Bank posted healthy Q2 results with strong NII growth, though PAT declined due to a high base from one-time NSDL sale gains last year
- Q2 FY27 results: Net profit Rs.2,205 Cr, NIM 4.11%, Gross NPA 2.12%
- Panel discussed the large FDI investment into IDBI Bank (Fairfax deal) calling it one of the largest FDI into India's financial space, but noted a muted stock market response
- Officials detailed post-deal board composition and stake norms for the IDBI Bank strategic sale, including government and LIC stake reduction and open offer rules
- Fairfax is set to buy a 60.72% stake in IDBI Bank for Rs 52,875 crore in what could be the biggest deal in India's financial sector
- Cabinet cleared sale of 60.7% stake in IDBI Bank to Fairfax for nearly 53,000 crore rupees, at a price below the stock's previous close
- Government explained valuation methodology used to arrive at fair price for IDBI Bank stake sale, stating it is fully satisfied with the fair valuation reached
- Government disinvestment secretary Arunish Chawla detailed the IDBI Bank-Fairfax strategic stake sale process, expecting deal closure by end of this financial year
- Government detailed terms of IDBI Bank stake sale to strategic buyer, including LIC stake reduction, open offer, and RBI-mandated restructuring requirements
- IDBI Bank privatization deal, announced in 2021, reached fruition on 14th October 2026, with government and LIC to reduce stakes and an open offer to minority shareholders to follow
- A finance company was reported to acquire a 60.72% stake in IDBI Bank
- The cabinet approved sale of 60.72% stake in IDBI Bank to Prem Watsa's Fairfax Financial for ₹52,878 crore, India's largest FDI deal in financial sector
- Cabinet cleared IDBI Bank stake sale to Fairfax for about Rs 52,800 crore, the biggest such deal in India's financial sector
- IDBI Bank stock fell 7.5% after government approval for Fairfax stake purchase
- Government approved sale of 60% stake in IDBI Bank to Prem Watsa's Fairfax Financial for over Rs 50,000 crore
- Viewer asked about IDBI Bank ahead of Fairfax's planned majority stake purchase; analyst gave a long-term view urging patience
- Cabinet approved Fairfax Financial's acquisition of about 60.7-60.72% stake in IDBI Bank for roughly Rs 53,000 crore, valuing shares at Rs 81 each
- Cabinet approved sale of 60.72% stake in IDBI Bank to Fairfax Financial for about Rs 81 per share, valuing the bank at around Rs 52,878-53,000 crore
- Centre approves strategic restructuring; 10955230 Canada Inc. (Fairfax) approved as Strategic Buyer for 60.72% stake
- Cabinet cleared the strategic sale of 60.72% government and LIC stake in IDBI Bank to Fairfax Financial Holdings for over Rs 52,000 crore, priced at Rs 81 per share
- Analyst Aditya Shah of Hercules Advisors says IDBI Bank divestment to Fairfax is long-term positive for the bank and PSU peers, though near-term stock gains may be limited
- Cabinet approved strategic restructuring of IDBI Bank, with Fairfax winning bid to acquire 60.72% stake for about Rs 52,000 crore
- Cabinet cleared strategic restructuring of IDBI Bank, with Fairfax as chosen strategic bidder in a deal worth 52,838 crore rupees
- Cabinet approved IDBI Bank's strategic restructuring, clearing the share purchase agreement for Fairfax to acquire a 60.72% stake
- IDBI Bank stock up close to 10% amid broader market moves
- IDBI Bank is in talks with private equity investors including Chris Capital for a fundraise of up to 2,000 crore rupees
- Board meeting on 17 October to approve un-audited results for quarter and half year ended September 30, 2026
- Provisional Q2 business update: Total Business Rs. 6,27,149 crore, up 18% YoY
- A viewer asked about long-term holding rationale for IDBI Bank shares amid divestment expectations; analyst said fundamentals, not divestment news, should be the trigger and suggested IDFC First Bank as a preferred…
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.