IDBI Bank shares surged in intra-day trade on Thursday, extending their rally after the Union Budget 2026–27 revived ...

IDBI Bank shares surged close to 7 per cent on Wednesday, bucking a weak market, as heavy volumes and renewed optimism around the government’s stake sale drove buying interest.

Kotak Mahindra Bank, in a statement said, it "has not submitted a financial bid as part of the disinvestment process related to IDBI Bank." ...

Stock jumps 4% in a weak market as Budget 2026 revives divestment hopes; analysts see further upside on strong technicals.

By Gopika Gopakumar, Ashwin Manikandan and Nikunj Ohri NEW DELHI, Feb 6 (Reuters) - The planned sale of India's state-owned ...

The government has received financial bids for IDBI Bank’s strategic disinvestment, marking progress in the long-delayed privatisation process that seeks to sell a 60.72% stake held by the Centre and ...

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Kotak Mahindra Bank denied submitting a financial bid for IDBI Bank after shares jumped. | One of India's leading Digital ...

Kotak Mahindra Bank has clarified its position on the IDBI Bank disinvestment. The bank stated it has not submitted a financial bid. This clarification follows media reports suggesting otherwise.

The deal is expected to fetch the government approximately Rs 33,000 crore, significantly contributing to its disinvestment targets.