Industry Reports

Government receives revised bids for IDBI Bank sale from Fairfax and Emirates NBD

Wednesday, July 15, 2026 - 15:35
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Government receives revised bids for IDBI Bank sale from Fairfax and Emirates NBD
The government has received revised financial bids from Fairfax Financial Holdings and Emirates NBD for IDBI Bank's strategic sale. A decision on the bidders will be made soon, following a hold on the process due to bids being below the reserve price.

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