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.
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05:11 pm on
08 Sep