IDBI Bank remain near their 2006 level despite a privatisation-driven rally. Fairfax Financial has agreed to buy a 60.72% stake for about ₹53,000 cr, subject to regulatory approval. Analysts cite potential long-term benefits but warn of volatility, valuation risks and need for stronger earnings.
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October 19, 2026 at 10:12 AM
IDBI Bank shares delivered almost no returns in 20 years. Can Fairfax deal finally turn stock around? Experts weigh in
Livemint Markets
Excerpt from Livemint Markets.