IDBI Bank's privatisation bids to be invited in Q3FY26: Dipam Secy

He said that the DIPAM is expecting to receive a financial bid by December 2025 and the complete transaction of this deal will be done by FY26

On the cards for a while now, the disinvestment of IDBI Bank looks all set to kick off as the government is likely to invite financial bids for it in the third quarter of the ongoing financial year (Q3FY26).

 

The announcement was made by Arunish Chawla, Secretary, Department of Investment and Public Asset Management in a select media briefing on Friday. The bids will be invited by the Department of Investment and Public Asset Management (DIPAM).

 

“The due diligence for the IDBI Bank has been completed. Data room protocols have been completed for all interested parties. Formal consultations have been