Govt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...

The government may restart the privatisation of IDBI Bank from scratch after financial bids came in below the reserve price, leading to the...

IDBI Bank shares plummeted nearly 20% over two days, wiping out Rs 18,900 crore in market value. This decline follows reports that the gove...

IDBI Bank shares saw a significant drop of 15% on Monday. This decline followed a report indicating the Indian government will halt the sal...

Kotak Mahindra Bank has clarified its position on the IDBI Bank disinvestment. The bank stated it has not submitted a financial bid. This c...

The Department of Investment and Public Asset Management (DIPAM) announced that financial bids for the strategic disinvestment of IDBI Bank...

IDBI Bank's shares surged following SEBI's approval to reclassify LIC as a public shareholder after the government's divestment. LIC's voti...

The government is advancing the disinvestment of IDBI Bank, with the due diligence process starting in November. Prospective bidders for th...

Finance Minister Nirmala Sitharaman has indicated a significant shift in India's economic policy by suggesting that private companies may s...

IDBI Bank sale: The divestment of IDBI Bank progressed, with private data to be available in August. Secretary Tuhin Kanta Pandey stated th...

“Depending upon different transactions, the due diligence process time is different. In the case iof IDBI Bank also, it will depend much on...

Large corporate houses and individuals will not be eligible to bid on their own or as a consortium in keeping with Reserve Bank of India (R...

Expressions of Interest (EoIs) from likely bidders will be invited on October 7, said the Department of Investment and Public Asset Managem...

Officials in the government and the state-backed Life Insurance Corp. of India, which together own about 94% of IDBI Bank’s shares, are in ...

The option was proposed by some of the participants at the roadshows who were of the view that an all-cash offer for the bank would work ou...

The mandate received from Cabinet Committee on Economic Affairs is to off-load upto 100 per cent stake of government and LIC along with tra...

IDBI Bank has divested its entire 18.95 per cent stake in Stock Holding Corporation of India to IFCI Ltd.