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India is Set to Halt IDBI Bank Sale as Both Bids Unviable

India is set to scrap the bids it received for a majority stake in IDBI Bank Ltd. as the amounts were below the minimum price sought, according to people with knowledge of the matter.

1 report1 sourceMar 13, 2026, 3:01 PM
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BloombergMar 13, 2026, 3:01 PM

India is Set to Halt IDBI Bank Sale as Both Bids Unviable

India is set to scrap the bids it received for a majority stake in IDBI Bank Ltd. as the amounts were below the minimum price sought, according to people with knowledge of the matter.

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