IDBI Bank
Banking · India · 10K+ Employees
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Overview
Headquarters
Idbi Tower Wtc Complex Cuffe Parade Cola...Phone Number
+91 2266553355Website
idbi.bank.inRevenue
$2 BillionStock Symbol
500116Industry
About IDBI Bank
IDBI Bank Org Chart
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IDBI Bank News & Media
India prepares to invite bids for $7.1bn IDBI Bank stake – report
The government plans to sell 60.72% of IDBI Bank, which totals up to $7.1bn, based on the bank’s current market valuation.Govt may seek bids for $7 billion IDBI Bank stake this month - The Economic Times
India is preparing to invite bids for its 60.72% stake in IDBI Bank Ltd., valued at approximately $7.1 billion. This move is a significant step in the government's privatization efforts for the lender. Talks with potential suitors are advanced, with a formal bidding process expected soon.IDBI Bank Stake Sale: Kotak Mahindra Likely Frontrunner; Fairfax, Oaktree Capital Also In Race
Kotak Mahindra Bank is likely to be the frontrunner in acquiring government's stake in IDBI Bank, with Fairfax and Oaktree Capital also in the race, sources told NDTV Profit on Friday.Emirates NBD stays in IDBI Bank bidding despite $3bn RBL Bank deal – report
The Indian government is working towards finalising the transfer of its share in IDBI Bank by 2026 end.
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Frequently Asked Questions Regarding IDBI Bank
IDBI Bank Ltd. provides commercial banking services to retail and corporate customers in India. It operates business through the following segments: Wholesale Banking, Retail Banking and Treasury Services. The company offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large netwo... Read More