Indian Government Receives Bids for IDBI Bank Stake Sale

The Indian government has received several bids for its stake in IDBI Bank. The divestment secretary confirmed the news on Friday during a press briefing.

Insights:
The Indian government announced on February 6, 2026, that it has received bids to sell its stake in IDBI Bank Limited . This event-driven development in India ININ is an immediate ownership and valuation event, as the receipt of bids marks the transition of the divestment from a proposal to an announced status.
A man stands outside an IDBI Bank branch next to its ATM kiosk in Mumbai, India, April 18, 2023. REUTERS/Niharika Kulkarni
A man stands outside an IDBI Bank branch next to its ATM kiosk in Mumbai, India, April 18, 2023. REUTERS/Niharika Kulkarni
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