IDBI Bank Stake Sale Delayed Again? Fairfax Bid, Valuation Gap & What Happens Next
By NDTV Profit
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A fresh twist has emerged in the much-awaited IDBI Bank stake sale. Sources tell NDTV Profit that the proposed transaction involving Canada-based Fairfax could face further delays, with valuation emerging as the key sticking point. Fairfax has reportedly quoted a valuation of around ₹81 per share, translating to roughly ₹53,000 crore, while IDBI Bank’s recent market price has been around ₹90 per share. A high-level meeting at the Finance Ministry has reviewed the progress of the stake sale as discussions continue. Is the valuation gap simply part of the final negotiations, or could it push one of India’s biggest privatisation deals further down the road? Watch the full report for the latest details. #IDBIBank #Fairfax #IDBIStakeSale #IDBIPrivatisation #IDBIBankShare #FairfaxIndia #Disinvestment #BankingNews #StockMarket #IndianMarkets #FinanceMinistry #NDTVProfit For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: htt
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