Bank of Baroda joins the lending consortium alongside Central Bank of India and IDBI Bank to recover dues.

The entities involved

• Bank of Baroda →

  Indian public sector multinational banking company

  • Bank of Baroda is migrating to the expected credit loss framework.Fri 15:04
  • Multiple Indian companies, including Jio Platforms, Bank of Baroda, and GIC, reported their Q2 financial results on October 1, 2026.Fri 05:34
• Central Bank of India →

  government-owned Indian bank

  Nothing else this week.

• IDBI Bank →

  Indian private sector bank

  • IDBI Bank faced problematic loans during the UPA tenure, while the NDA administration revitalized it through policy.Fri 15:58
  • Fairfax offered to divest its stake in CSB Bank and submitted a $5 billion bid for IDBI Bank.Fri 15:11

Related events

• RBI classified IDBI Bank as a private-sector lender on October 1, 2026.Oct 16
• The Government of India considers privatization for Indian Overseas Bank, IDBI Bank, and Central Bank of India.Oct 23
• The government is selling a stake in IDBI Bank, and Blackstone is noted as a buyer of Indian assets.Oct 16
• IDBI Bank reported its financial results in New Delhi.Oct 17
• The government approved the sale of a share in IDBI Bank.Wed 21:11