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IDBI Bank informed exchanges it received a notice of strike for November 2 and 3, 2026 from two employee associations. The notice is filed under Regulations 30 and 51 of SEBI LODR.
IDBI Bank's long-term debt was placed on CRISIL AA/Watch Positive; CDs reaffirmed A1+. The watch reflects the proposed Fairfax acquisition of a 60.72% stake.
IDBI Bank released financial highlights for the quarter ended September 30, 2026. The bank reported a net profit of ₹2,205 Crore for the second quarter.
IDBI Bank Ltd reported revenue from operations of ₹8,519 Cr (+19.8% YoY) and net profit of ₹2,214 Cr (-31.4% YoY) for Q2 FY27.
IDBI Bank Ltd has filed its quarterly shareholding pattern statement. The report details the distribution of equity shares across various categories of investors.
IDBI Bank clarified the news on the government's CABET-approved stake sale to Fairfax. It stated DIPAM leads the competitive disinvestment and the Bank has no role in it.
The Government of India and LIC have sold a 60.72% stake in IDBI Bank to M/s 10955230 Canada Inc. for a total consideration of ₹52,878.08 Crore.