Privatisation
IDBI Bank Privatisation Update: Government Likely to Invite Financial Bids for IDBI Bank Privatisation in 15 Days
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The government is likely to fast-track the privatisation of IDBI Bank. Financial bids may be invited within the next 15 days. This is an important step in the disinvestment process of the public sector bank. According to recent reports, the government has set a clear timeline to complete the privatisation of IDBI Bank. The proposed schedule is:
- Financial bids invitation: Within 15 days
- Target completion date: March 2026
- Process type: Privatisation through disinvestment
The 15-day window for inviting financial bids suggests that most preparations and due diligence work are almost complete.
Also Read: Who is Responsible for the Downfall of IDBI Bank?
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