IDBI Bank shares drop 4% as Kotak Mahindra Bank stays away from stake sale; Fairfax, Emirates NBD in fray

February 9, 2026

IDBI Bank shares fell amid updates on its strategic disinvestment, with Fairfax Financial and Emirates NBD emerging as bidders. The government and LIC plan to sell a combined 60.7% stake in the lender as part of the privatisation programme.

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