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IDBI Bank disinvestment may end without a buyer: A look back at the five-year process
Following the recent correction, shares of IDBI Bank are trading at around 1.5x price-to-book value. The stock has declined about 30% in the past month but remains roughly 6% higher over the last one year.
IDBI Bank shares fall 15% after sources say disinvestment move may not proceed
The Centre currently holds a 45.48% stake in IDBI Bank, while Life Insurance Corporation of India (LIC) owns another 49.24%.
IDBI Bank shares tumble 15% as govt likely to halt divestment process: Here’s why
IDBI Bank shares saw a significant drop of 15% on Monday. This decline followed a report indicating the Indian government will halt the sale process for a majority stake. The bids received were reportedly lower than the government's expected minimum price. The stock's performance marked its largest single-day fall since June 2024.
IDBI Bank sale may stall as bids trail reserve price
IDBI Bank sale: An outright cancellation of the strategic sale of IDBI will make it harder for the government to realise its FY27 disinvestment and asset monetisation target of ₹80,000 crore. At Friday's share price on the BSE, the sale of a 30.48% stake in IDBI Bank could fetch the government about ₹30,215 crore.
IDBI Bank stake sale may be scrapped by government after low bids: Report
The government has been trying to privatise the Mumbai-based lender for several years as part of its broader disinvestment programme.
India to scrap bids for majority stake in IDBI Bank: Report
India is set to shelve the bids it received for a majority stake in its state-owned IDBI Bank , as the amounts were below the minimum price sought, Bloomberg News reported on Friday, citing people with knowledge of the matter.
PG Electroplast Ltd leads losers in 'A' group
Rain Industries Ltd, Tejas Networks Ltd, Sapphire Foods India Ltd and IDBI Bank Ltd are among the other losers in the BSE's 'A' group today, 09 March 2026.
IDBI Bank rallies 17%, hits 3-month high after block deals; divestment hopes persist
The IDBI stock jumped as much as 19 per cent to an intraday high of Rs 91.88 on the NSE before trading at Rs 91.16, up 18.16 per cent, in afternoon trade
IDBI Bank: Still worth considering despite disinvestment uncertainty?
Downside looks protected on the back of strong profitability and healthy asset quality
Stocks to Watch Today: HDFC Bank, Yes Bank, Dabur, Senco Gold, Nykaa, Shakti Pumps, GK Energy, Rubicon Research, Manappuram, Enviro Infra in focus on 06 July
Stocks to Watch, 6 Jul: Stocks like HDFC Bank, Kotak Mahindra Bank, IndusInd Bank, Yes Bank, CreditAccess Grameen, RBL Bank, IDBI Bank, FSN E-Commerce Ventures Nykaa, Senco Gold, Dabur India, Godrej Consumer Products, GK Energy,Shakti Pumps (India), Innovision, PTC India, and Bliss GVS Pharma will be in focus on July 6.
Markets Erase Gains as Metals Drag; IDBI Bank Bid Race Heats Up | Closing Bell
Markets surrendered early gains as metal stocks dragged benchmarks lower, with the Nifty hovering near 24,100 despite strength in auto counters. ONGC, Hindalco and Power Grid led the losers, while InterGlobe Aviation, M&M and Maruti Suzuki outperformed. In corporate news, Amazon CEO Andy Jassy met PM Narendra Modi and announced an additional $13 billion investment in India, taking Amazon's planned investment to $48 billion through 2030. Fairfax is reportedly back with a fresh bid for IDBI Bank, valuing the lender at ₹77 per share and potentially unlocking a ₹50,000 crore divestment for the government and LIC. Meanwhile, uncertainty continues around Tata Sons as RBI is yet to decide on its NBFC deregistration request, keeping the possibility of a future listing alive. Catch all the key market moves, corporate developments and top business headlines in this edition of Closing Bell.
IDBI Bank stock crashes 16% after reports govt may scrap majority stake sale due to low price bids
The government is likely to scrap the bids received for selling its majority stake in IDBI Bank as the offers fell short of the reserve price set for the transaction, according to reports.