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RFP for IDBI Bank to be filed shortly: Nagaraju

Financial Express Mumbai

November 19, 2025

UPI LIVE IN 7 NATIONS, TALKS ON WITH 70 OTHERS

- FE BUREAU

THE GOVERNMENT'S LONG-AWAITED strategic disinvestment of IDBI Bank is inching closer to execution, with Department of Financial Services Secretary M Nagaraju on Tuesday indicating that the request for proposal (RFP) will be published shortly.

Speaking on the sidelines of the CII Financing Summit, Nagaraju refrained from commenting on PSB mergers, but when asked about the status of the IDBI Bank stake sale and the RFP, he said, “You may soon hear about it in the papers.”

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