IDBI Bank Stake Sale: Foreign Bidders in Focus After Kotak Exit
India’s biggest bank privatization story of 2026 just took a twist. On February 7, 2026, Kotak Mahindra Bank clarified that it has not submitted a financial bid to acquire a majority stake in IDBI Bank, despite earlier speculation. This leaves the field wide open for foreign bidders, with names like Fairfax Financial and Emirates NBD now drawing the most attention.
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