Kotak Mahindra likely frontrunner to buy IDBI Bank stake: Report
Kotak Mahindra Bank could emerge as the frontrunner in acquiring the government's stake in IDBI Bank, NDTV Profit reported. The government is likely to finalise the sale of around 60% stake in the fiscal year 2026 and expects to raise around ₹40,000-50,000 crore from the deal. Fairfax and Oaktree Capital also plan to bid for the stake.