IDBI Bank Sale: Govt Targets Year-End Closure
The government is aiming to wrap up the disinvestment of IDBI Bank by the close of the 2025-26 fiscal year. Financial bids are expected to be invited in the third quarter of the current financial year, according to Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla.
Chawla made this announcement on Friday, August 1, 2025. The timeline suggests a swift process for selecting the winning bidder.
This significant divestment holds implications for the nation’s financial sector, impacting public finances and the future direction of IDBI Bank. The successful bidder’s strategy will be crucial in shaping the bank’s future performance and its contribution to the economy. The government’s move is being closely watched by investors and market analysts alike.
