मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
A ₹90K-CR price tag derailed IDBI stake sale
Financial Express Mumbai
|April 10, 2026
THE BID FOR a strategic sale of a 60.72% stake in IDBI Bank unravelled because of a steep reserve price of ₹90,000 crore, derailing a process that began in March 2021, sources told FE.
In strategic disinvestment, the reserve price — set confidentially by an Inter-Ministerial Valuation Committee (IMVC) based on independent assessments from the transaction adviser and valuer — acts as the minimum acceptable bid. KPMG India served as the transaction advisor for this deal.
Many in the government were “surprised” by the “very high’ reserve price, which suggested an overestimation of the bank’s valuation, sources said. IDBI Bank sale ended up as a missed opportunity to create a template for future bank privatisations.
The bids received were “well below half the reserve price,” the sources added, without giving details.
यह कहानी Financial Express Mumbai के April 10, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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