23 Nov 2025 | 3 Mins Read
Kotak Mahindra Bank to lead IDBI Bank stake acquisition
Flipitmoney
Kotak Mahindra Bank has reportedly joined the race to acquire a stake in IDBI Bank, with Oaktree Capital and Fairfax also interested. However, Kotak Mahindra has not confirmed the report. The Centre aims to privatise IDBI Bank by the end of 2026, with plans to invite financial bids between October and December, and a 61% stake sale.