Carlyle, Fairfax, DBS Bank may bid for IDBI Bank4 min read . Updated: 07 Dec 2022, 07:57 AM IST Anirudh Laskar
Govt has seen significant interest from buyers willing to offer its minimum target value of over $4.3 billion for up to 63% of IDBI Bank.
Carlyle Group, Fairfax Financial Holdings, and DBS Bank are considering to bid for at least 10% each in IDBI Bank as part of the government’s ongoing share sale process, two people, including a government official, said.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more