← Latest news 
Govt reworks IDBI Bank stake sale as investors stay away amid volatility
Business
Published on 27 April 2026
A revised valuation could decide whether the sale closes fast
The government is reviewing its IDBI Bank disinvestment plan after weak investor interest and market volatility disrupted the proposed stake sale. A core group of secretaries is now considering revised valuations and timelines. Finance Minister Nirmala Sitharaman has confirmed the strategic sale will move ahead, with officials aiming to conclude the transaction soon.
- Govt is revising IDBI Bank disinvestment strategy
- Weak investor interest and volatility hit the earlier plan
- Secretaries are weighing new valuations and timelines
- Nirmala Sitharaman says the strategic sale will proceed
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times