IDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...

Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...

IDBI Bank shares plunged as investors booked profits after a nearly 13% rally in the previous session following the Cabinet’s approval of F...

IDBI Bank has been sold to Fairfax, resulting in a significant shift from government control to private ownership. This sale follows a long...

The Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...

IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. Th...

IDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings’ reported Rs 81-per-share offer for a 60.72% controlling s...

India’s nominal GDP growth could accelerate to 11.5%-12% in FY27, supporting stronger corporate earnings. However, elevated valuations, ris...

2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...

The government plans to proceed with its strategic sale of public sector enterprises. Ministries have requested reconsiderations, but few c...

India is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...

Adani Airport Holdings has reached the second bidding round for Italy's Catania airport. Ten global operators and investors are competing f...

The paper was published Thursday as part of the RBI Bulletin. A gradual approach to privatisation could help achieve the broader social obj...

Bank of Maharashtra, Bank of India, and IOB are the frontrunners for being privatised. Central Bank of India may be taken up based on its f...

NITI Aayog had submitted the names of the two state-run banks and one general insurer to the committee of secretaries on disinvestment.

These banks are Punjab National Bank, Union Bank, Canara Bank and Indian Bank, and Bank of Baroda and SBI that were part of an earlier roun...

The four banks on the shortlist are Bank of Maharashtra , Bank of India, Indian Overseas Bank and the Central Bank of India, two officials ...