IDBI Bank Ltd News

Divestment on track to beat FY27 target; here's what could fuel the run

In just over five months of FY27, the government has raised Rs 557.6 crore from the stake sales in PSUs, meeting 70 per cent of its Rs 80,000 crore target.

Buzzing stock: IDBI Bank extends rally to 5th day, jumps 5% on huge volume

IDBI Bank said there is no undisclosed/price sensitive information or any impending announcement that needs to be informed to the stock exchanges at this point of time.

Canada's Fairfax may get 2 years to consolidate holdings for IDBI Bank deal

A long-delayed sale of a majority stake in IDBI Bank, held by the federal government and ‌state insurer Life Insurance Corp of India, is in its final stages

IDBI employees' forum opposes stake sale to Fairfax, seeks review

The employees' forum urged the government to disclose the strategic sale proposal, preserve public ownership of IDBI Bank and hold a parliamentary discussion before any decision

IDBI Bank Q1FY27 result: Net profit rises 5% to ₹2,115 crore; NII up 10%

IDBI Bank on Saturday reported a 5 per cent rise in net profit at Rs 2,115 crore for the first quarter of the current financial year. The LIC-controlled bank had earned a net profit of Rs 2,007 crore in the same quarter of the previous fiscal year. Total income rose to Rs 8,573 crore during the June quarter of 2026-27, from Rs 8,458 crore a year ago, IDBI Bank said in a regulatory filing. Interest earned by the bank improved to Rs 7,541 crore, as compared to Rs 7,021 crore in the June quarter of FY26. Net Interest Income (NII) also increased to Rs 3,486 crore in the quarter, against Rs 3,166 crore in Q1 of the previous year, an increase of 10 per cent. However, the bank's operating profit declined to Rs 2,168 crore, from Rs 2,354 crore a year ago. Net Interest Margin too moderated a bit to 3.61 per cent, against 3.68 per cent in the April-June period a year ago. The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.3 per cent of gross advances at

Govt receives revised financial bids for IDBI Bank stake sale: Report

The government has received revised financial bids for the strategic sale of IDBI Bank from Fairfax Financial Holdings and Emirates NBD, sources said on Tuesday. A final decision on the successful bidder will be taken once the financial bids are opened, which is likely very soon, sources added. According to sources, both the bidders have experience in the Indian banking sector, with Dubai-based Emirates NDB acquiring RBL Bank earlier this year and billionaire investor Prem Watsa-backed Fairfax Financial already holding a 40 per cent stake in the private-sector CSB Bank. Both the bidders already have security clearance from the Ministry of Home Affairs (MHA) and 'Fit and Proper' assessment from the RBI. The government and LIC were together looking to sell 60.72 per cent in IDBI Bank and had floated an Expression of Interest (EoI) in October 2022. Financial bids came on February 6. However, the financial bids from Fairfax Financial Holdings and Emirates NBD were below the reserve pr

IDBI Bank rises 4% on fresh privatisation buzz; right time to buy?

IDBI Bank privatisation news: A Bloomberg report said that Fairfax Financial Holdings, founded by Indian-born Canadian billionaire Prem Watsa, might raise its per-share bid by a few rupees.

Volume buzzers: Yes Bank rallies 7%, hits 52-week high; IDBI Bank soars 12%

Share price of IDBI Bank moved higher by 12 per cent to ₹86.25 on the back of over three-fold jump in trading volume on Wednesday.

IDBI Bank shares gain 4% as govt weighs options to revive privatisation

IDBI Bank share price, privatisation: Today's buying momentum was driven by reports suggesting that the government is evaluating ways to revive investor interest in IDBI Bank.

IDBI Bank's Q4 FY26 results: Net profit declines 5% to ₹1,943 crore

Bank reports decline in profit due to weak non-interest income, even as net interest income rises and asset quality and capital adequacy improve

IDBI Bank Q4 FY26 results: Net profit falls 5% to ₹1,943 crore, NII up

IDBI Bank on Thursday reported a 5 per cent decline in net profit to Rs 1,943 crore for the March quarter of FY 2025-26. The LIC-controlled bank had posted a net profit of Rs 2,051 crore in the year-ago period. Its net profit was impacted by a fall in operating profit to Rs 3,043 crore from Rs 3,195 crore a year ago. However, its total income rose to Rs 9,409 crore in the period under review from Rs 9,035 crore in January-March of the preceding fiscal. At the same time, interest income increased to Rs 7,798 crore during the period under review from Rs 6,979 crore in the corresponding quarter a year ago. The net interest income (NII) in the quarter also improved to Rs 3,851 crore compared to Rs 3,290 crore in Q4 FY25. On the asset quality side, the bank's gross non-performing assets (NPAs) improved to 2.32 per cent of gross advances as of March 31, 2026, from 2.98 per cent reported at the end of March 2025. Net NPAs remained flat at 0.15 per cent of the advances at the end of Mar

IDBI Bank shares jump 8% after FM says 'disinvestment process to continue'

IDBI Bank disinvestment: FM Nirmala Sitharaman has said that the government will proceed with the stake sale in the lender.

IDBI Bank shares fall 7% as govt mulls OFS route to pare stake

IDBI Bank share price: Notably, the sentiment has been dented after the government's IDBI Bank privatisation bid failed, as the bids from two potential buyers were below the reserve price

IDBI Bank tanks 29% in 1 wk, nears 52-wk low amid disinvestment uncertainty

A combined 44.31 million shares representing 7.8% of IDBI Bank's total free float equity, changed hands on the NSE and BSE in Tuesday's intra-day trade.

IDBI Bank shares tumble 14% on reports of stake sale cancellation

IDBI Bank share price today: The sell-off comes amid reports that the government could scrap the divestment plan after bids fell short of the reserve price