Government and LIC may cut IDBI Bank asking price 20%
NewsBytes | May 18, 2026 5:40 PM CST
IDBI shares down 32% this year
IDBI Bank's share price has dropped 32% this year (way more than other banks), so officials are considering focusing on its true value instead of just market numbers.
The sale was paused in March when bids from Fairfax and Emirates NBD didn't meet expectations.
Now, talks with potential buyers are back on, but regulatory approvals could slow things down.
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