Idbi Bank

Fairfax Financial plans to merge Digit, IIFL Capital with IDBI Bank

Fairfax plans to combine IDBI Bank, Digit Insurance and IIFL Capital Services into an integrated financial services entity, subject to regulatory approvals

Exit strategy

Govt must push its disinvestment agenda aggressively

Why was IDBI Bank sold at ₹81 a share? Understanding the valuation

The government used an independent valuation benchmark of ₹75.99 per share after rejecting an earlier bid of ₹75 that fell short of the ₹94.42 reserve price

IDBI Bank-Fairfax deal: What RBI rules say on foreign ownership and control

While India allows substantial FDI in private sector banks, the RBI regulates who can own them, how much voting power shareholders can exercise and how much equity promoters can retain over time

IDBI Bank ownership change: Should customers worry about their deposits?

IDBI Bank privatisation: Will FD rates, EMIs or banking services change?

Smallcap stocks under pressure; Sterlite, MTAR, HFCL, Netweb slide 5%

At 10:04 AM on Thursday, the Nifty Smallcap 100 index was down 0.86% at 19,218, as compared to a 1% rally in the Nifty 50.

IDBI Bank's $6 billion Fairfax deal signals zest for Indian assets

Fairfax's acquisition of a 60.7% stake in IDBI Bank for nearly $6 billion comes as Blackstone explores IIFL Finance and Japan's MUFG studies options to gain majority control of Shriram Finance

IDBI Bank stake sale price a surprise; no rub-off on PSU stocks: Analysts

At the bourses, IDBI Bank stock has been an underperformer and has slipped 13.4 per cent year-till-date (YTD) till October 14 as compared to the NSE 500 index that lost 7.8 per cent during this period

21 strategic PSU stake sales in 26 years as IDBI Bank joins the list

The sales of BALCO, VSNL and Hindustan Zinc in the early 2000s, followed by transactions involving THDC India, NEEPCO and Air India, account for much of this history

CCEA clears largest financial sector FDI: Fairfax to take reins at IDBI

Toronto-based firm to acquire 60.72% for ₹52,878 cr, trim stake to 26% over 15 years

IDBI Bank deal to bolster Fairfax's India financial services play further

Separately, Fairfax, through FAL Corporation, held a 65 per cent stake in Valueattics Re, India's first privately owned domestic reinsurer, as of March 2026

The fall and rise of IDBI Bank: From bad-loan crisis to the Fairfax deal

Improving India-Canada ties brought Fairfax back into play as IDBI Bank's recovery from a bad-loan crisis paved the way for a Rs 52,878 crore sale of a majority stake

IDBI employees' forum seeks review of stake sale, flags valuation concerns

The IDBI employees' forum sought a halt to the proposed sale and disclosure of valuation details, while the government said employees' service conditions would remain unchanged

Fairfax Financial buys IDBI for $5.6 billion in India's biggest bank deal

Fairfax joins a wave of foreign firms expanding in India, drawn by the burgeoning wealth class and the world's fastest-growing major economy

IDBI Bank share price zooms 13% to five-week high on heavy volumes

IDBI Bank has informed that a meeting of the board will be held on October 17 (Saturday) to consider and approve the financial results for the quarter and half-year ended September 30, 2026.

IDBI Bank, Lal PathLabs, Welspun Living: Top stock ideas by Choice Broking

Stocks to buy today: IDBI Bank has moved above both its 50-day EMA, which indicates that the near-term trend is turning positive, says Sachin Gupta of Choice Broking.

Govt evaluating financial bids for strategic stake sale in IDBI Bank

The government is evaluating the financial bids for strategic stake sale in IDBI Bank and the process is moving at a steady pace, government sources said on Friday. In July, billionaire investor Prem Watsa-backed Fairfax Financial Holdings and Dubai-based Emirates NBD had put in their revised bids to buy 60.72 per cent in IDBI Bank, sources had earlier said. The strategic disinvestment of IDBI Bank is moving at a steady pace. The government is evaluating the financial bids submitted by the interested investors, the sources said, without disclosing any further details. Both the bidders have experience in the Indian banking sector, with Dubai-based Emirates NDB acquiring majority stake in RBL Bank earlier this year and Fairfax Financial holding a 40 per cent stake in the private-sector CSB Bank. The bidders already have security clearance from Ministry of Home Affairs (MHA) and 'Fit and Proper' assessment from the Reserve Bank of India. This is the second time that the interested ..

IDBI Bank shares fall 10.6% as Fairfax deal price weighs on investors

IDBI Bank shares close at Rs 81.12 as investors focus on the reported Fairfax offer of around Rs 81 per share for a controlling stake in the lender

Blackstone among firms in fray to buy Fairfax stake in IIFL Finance

Blackstone is in talks with Fairfax and other shareholders to acquire the stake in IIFL Finance

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.