India has received revised financial bids from consortiums led by Canada’s Fairfax Financial and Dubai’s Emirates NBD for the sale of a majority stake in IDBI Bank, and the process is likely to be completed within a month, a government source told Reuters on Tuesday.
Shares of IDBI Bank were trading 2.8% higher at ₹86.38 as of 10:06 a.m. IST.
Published on July 14, 2026