ScoutQuest24 Oct 2026
IDBI Bank500116Rating watch placed

Crisil AA placed on Watch Positive; Crisil A1+ reaffirmed on Rs.40000 crore certificate of deposit programme

By ScoutQuest · · 1 min read

60.72%Fairfax stake acquisition in IDBI Bank
Fairfax stake acquisition in IDBI Bank: 60.72%.
Crisil rating action
Crisil AA/Watch Positive (LT, placed on watch from Crisil AA/Stable); Crisil A1+ reaffirmed
Proposed stake buy
Fairfax's proposed 60.72% stake buy at Rs 81/share
Capital adequacy
CAR 27.1%
Agency
Crisil Ratings
Action
On watch

Crisil AA placed on Watch Positive; Crisil A1+ reaffirmed on Rs.40000 crore certificate of deposit programme.

CRISIL AAOn watch · Crisil Ratings
On watch by Crisil Ratings · CRISIL AA · outlook Watch Positive.
CCEA approval of Fairfax acquisition
Crisil rating rationale date
CCEA approval of Fairfax acquisition 14 Oct 2026 · Crisil rating rationale date 23 Oct 2026
More numbers
  • Infrastructure Bonds aggregatingRs.10000 Crore
  • Tier II bonds (Under Basel III) aggregatingRs.3100 Crore
  • Omni BondsRs.5 Crore
  • Certificate of Deposits programmeRs.40000 crore
  • Fairfax proposed stake acquisition in IDBI Bank60.72%
  • Price per share for Fairfax acquisitionRs 81
  • Aggregate consideration for 60.72% stakeRs 52,878 crore
  • Overall capital adequacy ratio as on September 30, 202627.1%
Source: BSE · 24 Oct 2026

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