Idbi Bank News
IDBI Bank and Canara Bank Shares Crash Up to 8% โ Stake Sale and ECL Provisions Weigh
IDBI Bank and Canara Bank shares fell by up to 8% on October 15, with IDBI declining after Cabinet approval of a Fairfax Financial stake sale and Canara Bank facing pressure from expected ECL provisioning requirements affecting near-term profitability forecasts.
Oct 16, 2026
๐ฎ๐ณ IndiaIndia Q2 FY27 Results: IDBI Bank Advances Surge 18% YoY, Sobha Reports 16% Sales Value Jump
IDBI Bank total business reaches โน6.27 lakh crore with net advances up 18% YoY; Sobha posts โน2,206 crore sales value, up 16% YoY in Q2 FY27
Oct 4, 2026
๐ฎ๐ณ IndiaIDBI Bank Shares Crash 11% as Fairfax's Rs 81 Offer Price Disappoints the Market
IDBI Bank falls 11% as Fairfax Financial's Rs 81 per share offer for 60.72% stake seen as below market value
Sep 8, 2026
๐ฎ๐ณ IndiaFairfax Pursues $5.5 Billion IDBI Bank Acquisition in Landmark India Private Sector Banking Entry
Canadian investment conglomerate Fairfax Financial Holdings is pursuing a proposed $5.5 billion acquisition of IDBI Bank โ a landmark transaction that would mark one of the largest foreign entries into India's banking sector and requires RBI and government regulatory clearance.
Jul 16, 2026
๐ฎ๐ณ IndiaIDBI Bank Surges on Heavy Volumes as India Privatisation Timeline Stays on Track
IDBI Bank shares surge on heavy volumes as investor optimism grows over government privatisation timeline; LIC and government hold 94% stake pending RBI approval
Jun 18, 2026