Blog · 17 Oct 2026
IDBI Bank is finally being sold
In today’s Finshots, we break down the Fairfax-IDBI Bank deal.But before we begin, if you’re someone who loves to keep tabs on what’s happening in t…
In today’s Finshots, we break down the Fairfax-IDBI Bank deal.But before we begin, if you’re someone who loves to keep tabs on what’s happening in the world of business and finance, then hit subscribe if you haven’t already.
We strip stories off the jargon and deliver crisp financial insights straight to your inbox. Just one mail every morning. Promise!If you’re already a subscriber or you’re reading this on the app, you can just go ahead and read the story.The StoryThe last time we wrote about IDBI Bank was in 2022. And back then, we asked a rather perplexing question: When will the IDBI saga end?You see, almost every year, there were talks about the government selling its stake in the bank to meet its divestment targets.
Sometimes, potential buyers showed interest. Sometimes, negotiations even began. But the sale would always get stuck.