IDBI \u2014 Recent Activity

Indian government begins fresh IDBI Bank valuation – report

This updated valuation is set to become the reference point for any later stake sale.

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India's privatisation drive derails because of weak investor interest

By Nikunj Ohri and Sarita Chaganti Singh NEW DELHI, March 18 (Reuters) - India is considering shelving three planned privatisation sales amid weak investor appetite, two government sources said, a

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India halts IDBI Bank stake sale as bids miss target – report

The privatisation process has been suspended for now, with details remaining confidential.

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India's IDBI Bank slumps 14% on reports government to scrap stake sale bids

March 16 (Reuters) - Shares of India's IDBI Bank fell more than 14% on Monday after reports that the government will shelve the bids it received for a majority stake sale in the lender.

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India to scrap bids for majority stake in IDBI Bank, source says

March 13 (Reuters) - India will shelve the bids it received for a majority stake sale in IDBI Bank, as the offers received were below the government's minimum price expectation, a government source

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India's Kotak Mahindra Bank says it has not submitted bid for IDBI Bank

Feb 7 (Reuters) - India's Kotak Mahindra Bank said in an exchange filing on Saturday that it has not submitted a financial bid for IDBI Bank.

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Canada's Fairfax group, Emirates NBD, Kotak Mahindra Bank vie for India's IDBI Bank, sources say

By Gopika Gopakumar, Ashwin Manikandan and Nikunj Ohri NEW DELHI, Feb 6 (Reuters) - The planned sale of India's state-owned IDBI Bank has attracted bids from Canadian investment group Fairfax

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India government sets deadline for financial bids for IDBI, sources say

By Gopika Gopakumar and Nikunj Ohri MUMBAI, Jan 30 (Reuters) - India's federal government has set a February 5 deadline for financial bids for IDBI Bank as it looks to divest a majority of its holding

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Digital Payment Today - AI Transforming Payments Landscape In Latin America

AI adoption in Latin America's payments and e-commerce sectors is expanding rapidly, driven by fintech hubs in Brazil, Mexico, and Colombia. These countries are leveraging strong fintech ecosystems and favorable regulations to enhance digital payment solutions. Despite this momentum, challenges such as talent shortages, high implementation costs, and inconsistent regulatory enforcement hinder wider AI scalability and adoption, particularly in smaller economies. As regional governance evolves,...

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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.

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