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Four global bidders make shortlist for IDBI Bank stake sale
short by / on Monday, 8 September, 2025
IDBI Bank shares rose after reports said four bidders, Emirates NBD, Fairfax India, Kotak Mahindra Bank, and Oaktree Capital, were cleared by RBI to acquire the government and LIC's 60.7% stake. Emirates NBD and Fairfax are seen as strong contenders. DIPAM may invite financial bids in October, with completion targeted by March 2026.
read more at Stocktwits