- IDBI Bank's stake is jointly held by LIC and the government, while Emirates NBD is reported as a likely bidder for a stake in the bank.
- Centre and LIC jointly plan to sell 60.72 percent stake in IDBI Bank, seeking Rs 50,000 crore via divestment.
A committee is currently reviewing the proposed valuation for the divestment of IDBI Bank.
1 report, 1 independent
Updated Aug 29
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
A committee is currently reviewing the proposed valuation for the divestment of IDBI Bank.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
IDBI Bank
Indian private sector bank
Nothing else this week.
-
committee
body of one or more persons that is subordinate to a deliberative assembly
- Middle East conflict impacts energy prices while FED uses FOMC to set interest rates, with Donald Trump advocating for lower rates.
- The Freedom of Information Bill 2026 will shape the relationship between the State and the public, and the Malaysian Media Council is ready to provide input to the Select Committee.
Related events
- IIFL Finance Limited was pursuing a proposed acquisition of IDBI Bank.
- Central Bank of India and IDBI Bank are involved in a consortium to recover dues.
- Government considers reviving the privatization process for IDBI Bank.
- Bank of Baroda joins the lending consortium alongside Central Bank of India and IDBI Bank to recover dues.
- Fairfax offered to divest its stake in CSB Bank and submitted a $5 billion bid for IDBI Bank.