IDBI Bank Privatisation Buzz

Kotak Mahindra Bank has reportedly joined Oaktree Capital and Fairfax in the race to acquire a stake in IDBI Bank, though it hasn’t confirmed the news. The key challenge for bidders is IDBI’s large ₹1 lakh crore market cap, making a 60% stake difficult to acquire. The government aims to finalise privatisation by FY26, with financial bids expected by Dec 2025.