MARKETS
NIFTY 5022,936.75 ▲ 0.82%
SENSEX74,151.04 ▲ 0.75%
BANK NIFTY54,909.65 ▲ 1.73%
USD/INR95.25 ▲ 0.04%
GOLD4,042.70 ▼ 0.22%
BRENT109.89 ▼ 1.57%
Results for “IDBI Bank”
BUSINESS NEWS · 2 MIN READFinance Ministry says no legal bar to reducing the Centre's IDBI Bank stake, citing a 2018 Delhi High Court rulingThe statement follows the Cabinet's 14 October clearance of Fairfax's 60.72% purchase, after which the Centre and LIC will hold 34% together.20 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READAxis Bank's Q2 profit rose 38% to ₹7,003 crore and Yes Bank's 65%, while IDBI Bank's fell 39%Lower provisions lifted Axis Bank, and IDBI's fall reflects a ₹1,699 crore one-time gain a year ago.19 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READCabinet clears Fairfax's purchase of a 60.72% stake in IDBI Bank for ₹52,877 croreThe winning bid was ₹81 a share, and the Centre and LIC will together keep 34%.18 OCT 2026 · BY SPECTATE MEDIA DESK
BUSINESS NEWS · 2 MIN READGovernment approves strategic restructuring and sale of IDBI Bank stakeThe Cabinet Committee on Economic Affairs cleared a major transaction involving IDBI Bank, marking a significant milestone for foreign investment in the financial sector.14 OCT 2026 · BY SPECTATE MEDIA DESK
MARKET DYNAMICS · 3 MIN READIDBI Bank shares surge 13% as valuation crosses Rs 1 lakh crore during privatisation processA stock rally added over Rs 11,460 crore to the lender's market value while Fairfax leads the bid to acquire a majority stake from the government and LIC.14 OCT 2026 · BY SPECTATE MEDIA DESK5 of 5 storiesYou are all caught up. Older stories are in the archive: use search at the top to find them.