Archive · 6 Jan 2026
IDBI Bank Sale Likely to Extend to Next Fiscal Year
The government is trying to sell a big part of IDBI Bank, but it's taking longer than expected.
They wanted to finish this sale this year, but now it might happen next year.
This could mean they won't get as much money as they hoped this year.
The bank is worth a lot, and a few other companies are interested in buying it.
But one company that was interested before is now busy with another deal.
The government is still working on the details and talking to the companies that want to buy the bank.
The sale of a 30.48% government stake in IDBI Bank is likely to extend into the next fiscal year.
The current valuation of the government stake is around Rs 36,000 crore.
Disinvestment proceeds in the current financial year have stood at Rs 8,768 crore.
Potential bidders include Fairfax India Holdings, Kotak Mahindra Bank, and previously considered Emirates NBD.
The delay in the sale could result in a shortfall against the FY26 combined target of Rs 47,000 crore for disinvestment and asset monetisation.
- Who
- Government of India, IDBI Bank, potential bidders (Fairfax India Holdings, Kotak Mahindra Bank, Emirates NBD)
- What
- Strategic disinvestment of IDBI Bank, involving the sale of a 30.48% government stake
- When
- The process is ongoing, with a likely spillover into the next fiscal year
- Where
- India
- Why
- To meet fiscal targets and reduce government stake in the bank
- Government Stake
- 30.48%
- Current Valuation
- Rs 36,000 crore
- FY26 Target
- Rs 47,000 crore (disinvestment and asset monetisation)
- FY25 Disinvestment Proceeds
- Rs 8,768 crore
- IDBI Bank Share Price
- Rs 110.85 (as of Monday)
- Potential Bidders
- Fairfax India Holdings, Kotak Mahindra Bank, Emirates NBD (previously considered)
