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Kotak CEO warns IDBI valuation worries as privatization timeline and pricing slip

Business
Published on 3 May 2026
Kotak CEO warns IDBI valuation worries as privatization timeline and pricing slip

Earnings miss could reshape how much IDBI is worth

Kotak Mahindra Bank’s CEO has raised concerns about IDBI Bank’s valuation as the privatization process drags on. IDBI, backed by LIC, reported quarterly earnings that missed market estimates, fueling uncertainty around both the timing and the eventual pricing of the divestment. Investors now watch whether the earnings gap affects negotiations and potential offer terms.

  • Kotak CEO flags IDBI valuation concerns amid slow privatization
  • IDBI earnings missed estimates, increasing uncertainty
  • LIC backing adds attention to divestment expectations
  • Timing and pricing of the sale may face pressure
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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