# IDBI Bank (IDBI) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/idbi

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹79.65
- Change: -0.09%
- As of: 2026-11-06
- 1D return: -0.09%
- 5D return: -0.83%
- 1M return: -4.24%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of 2026-11-06, IDBI trades at ₹79.65, reflecting a weak daily technical structure within a broader monthly uptrend. The daily trend is bearish with low conviction (ADX 9.76), evidenced by the price trading below all key moving averages and the Supertrend indicator. Recent daily candlestick formations, including a Shooting Star on 2026-11-05, highlight near-term selling pressure. Conversely, the monthly timeframe remains bullish (Supertrend up, ADX 36.14), suggesting the longer-term momentum has not yet reversed. The stock is positioned in the lower-middle of its 252-day range (+32.5%) and near the lower end of its 20-day range (+22.1%). Immediate resistance lies at ₹80.13 (pivot, +0.60%), while support is anchored at ₹79.00 (-0.82%). With annualized volatility at +46.5% and a current drawdown of -31.3%, risk remains elevated.

- Trend Divergence: Daily trend is bearish (price below SMA/EMA/Supertrend; ADX 9.76), while monthly trend remains bullish (price above Supertrend; ADX 36.14).
- Price Positioning: Trading at ₹79.65, located +32.5% into the 252-day range and +22.1% into the 20-day range, indicating relative weakness over shorter horizons.
- Key Levels: Nearest resistance at ₹80.13 (+0.60%); nearest support at ₹79.00 (-0.82%). A break below ₹79.00 could test ₹78.28 (-1.72%).
- Risk Profile: High volatility (+46.5% annualized) and significant drawdown (-31.3% current, -47.0% maximum) require careful position sizing.

- Inside Bar
- Shooting Star
- Bearish Engulfing Reversal
- Doji
- Harami

### News Context

The strategic sale of IDBI Bank has reached a definitive stage, with the government selecting a winning bid of ₹81 per share from Canadian investor Fairfax, valuing the transaction at ₹52,878 crore. DIPAM Secretary Arunish Chawla stated on November 6 that restarting the sale process was deemed futile, noting that tax liability adjustments increased the discovered price by ₹3,917 crore above initial expectations. The deal now awaits final regulatory clearance from the RBI. Concurrently, LIC, which holds a 19% stake and is divesting its board nominees, reported a 20.1% year-on-year rise in Q2 FY27 standalone net profit to ₹12,076 crore. LIC management indicated that the IDBI sale will have limited impact on its bancassurance business, as it plans to expand partnerships under an open-architecture model.

- Winning Bid: Fairfax selected for ₹52,878-crore acquisition at ₹81/share; DIPAM cites ₹3,917 crore uplift from tax adjustments and futility of restart (Nov 6).
- Regulatory Status: Transaction pending final RBI approval; government and LIC retain combined ~one-third residual stake post-sale.
- LIC Financials: Q2 FY27 standalone net profit rose 20.1% YoY to ₹12,076 crore, driven by premium growth and expense management (Nov 5).
- Bancassurance Outlook: LIC MD & CEO Doraiswamy states limited impact from IDBI divestment; insurer withdrawing board nominees while maintaining 19% stake.

- [Restarting IDBI Bank sale was futile, says DIPAM chief on Rs 52,878-crore deal: Report](https://www.businesstoday.in/india/story/restarting-idbi-bank-sale-was-futile-says-dipam-chief-on-rs-52878-crore-deal-report-566079-2026-11-06)
- [LIC seeks alignment with global standards, EoM glide path in feedback to Irdai’s distribution proposals | Mint](https://www.livemint.com/industry/banking/lic-seeks-alignment-with-global-standards-eom-glide-path-in-feedback-to-irdai-s-distribution-proposals-11793890392546.html)
- [LIC’s Q2FY27 standalone net profit up 20% at ₹12,076 crore](https://www.thehindubusinessline.com/money-and-banking/lics-q2fy27-standalone-net-profit-up-20-at-12076-crore/article71671032.ece)
- [It's just a bank sale. So why is everyone talking about IDBI?](https://timesofindia.indiatimes.com/toi-plus/business-economy/its-just-a-bank-sale-so-why-is-everyone-talking-about-idbi/articleshow/135538735.cms)
- [LIC sees limited impact on bancassurance from IDBI sale, plans to expand bank partnerships: MD & CEO Doraiswamy](https://www.moneycontrol.com/banking/lic-sees-limited-impact-on-bancassurance-from-idbi-sale-plans-to-expand-bank-partnerships-md-ceo-doraiswamy-article-14071784.html)

### What Changed

On 2026-11-06, the strategic sale of IDBI Bank advanced to a critical stage with the Cabinet Group of Secretaries on Disinvestment selecting a winning bid of ₹81 per share. This price reflects a ₹3,917 crore increase over the initial baseline, driven by tax liability adjustments, and totals approximately ₹52,878 crore for the transaction. The government and Life Insurance Corp. of India (LIC) will retain a combined residual stake of roughly one-third post-sale. LIC, which holds a 19% stake, plans to withdraw its board nominees while maintaining an open-architecture bancassurance model, citing limited impact from the divestment. Concurrently, LIC reported a 20.1% year-on-year rise in Q2 FY27 standalone net profit to ₹12,076 crore, supported by strong premium growth and expense management. The deal now awaits final regulatory clearance from the Reserve Bank of India.

- Winning bid selected at ₹81 per share, totaling ~₹52,878 crore, following a ₹3,917 crore uplift from tax adjustments.
- Government and LIC retain a combined residual stake of ~one-third; LIC to withdraw board nominees but keep 19% holding.
- Transaction pending final RBI regulatory clearance as of 2026-11-06.
- LIC Q2 FY27 standalone net profit rose 20.1% YoY to ₹12,076 crore, underpinning its capacity to hold the residual IDBI stake.

- [Restarting IDBI Bank sale was futile, says DIPAM chief on Rs 52,878-crore deal: Report](https://www.businesstoday.in/india/story/restarting-idbi-bank-sale-was-futile-says-dipam-chief-on-rs-52878-crore-deal-report-566079-2026-11-06)
- [LIC seeks alignment with global standards, EoM glide path in feedback to Irdai’s distribution proposals | Mint](https://www.livemint.com/industry/banking/lic-seeks-alignment-with-global-standards-eom-glide-path-in-feedback-to-irdai-s-distribution-proposals-11793890392546.html)
- [LIC’s Q2FY27 standalone net profit up 20% at ₹12,076 crore](https://www.thehindubusinessline.com/money-and-banking/lics-q2fy27-standalone-net-profit-up-20-at-12076-crore/article71671032.ece)
- [LIC sees limited impact on bancassurance from IDBI sale, plans to expand bank partnerships: MD & CEO Doraiswamy](https://www.moneycontrol.com/banking/lic-sees-limited-impact-on-bancassurance-from-idbi-sale-plans-to-expand-bank-partnerships-md-ceo-doraiswamy-article-14071784.html)

### Official Filings

IDBI Bank’s disclosures in late October 2026 highlight a pivotal shift in ownership structure alongside strong interim financial performance. The Cabinet Committee on Economic Affairs approved Fairfax Financial Holdings Ltd. to acquire a 60.72% controlling stake for ₹52,878 crore (₹81 per share), with the Government of India and LIC retaining residual stakes of 15.0% and 19.0%, respectively. This transaction remains subject to regulatory approvals. Following this announcement, CRISIL placed IDBI’s long-term debt instruments on ‘Rating Watch with Positive Implications’, while ICRA placed its long-term rating on ‘Watch with Developing Implications’. Both agencies reaffirmed the Certificate of Deposit programme ratings at A1+, indicating stable short-term liquidity despite the strategic transition.

Financially, the bank reported robust results for Q2 FY27 (ended September 30, 2026). Standalone net profit rose 4% quarter-on-quarter to ₹2,205 crore, driven by a 29% year-on-year increase in Net Interest Income to ₹4,228 crore. Asset quality improved significantly, with Gross NPA declining to 2.12% from 2.65% a year earlier, supported by the transfer of ₹802.92 crore in stressed loans to Asset Reconstruction Companies. Capital adequacy remained strong, with a CET1 ratio of 10.05% (standalone) and 27.10% (consolidated). Additionally, the bank notified a proposed strike by employee associations for November 2–3, 2026, which may impact operational continuity during that period.

- Strategic Sale Approved: CCEA approved Fairfax Financial Holdings Ltd. to acquire 60.72% stake for ₹52,878 crore; GoI and LIC retain 15.0% and 19.0% stakes respectively, pending regulatory approvals.
- Credit Rating Updates: CRISIL placed long-term debt on ‘Positive Watch’ and ICRA on ‘Developing Watch’ following the Fairfax deal; both reaffirmed CD programme ratings at A1+.
- Strong Q2 FY27 Profitability: Standalone net profit grew 4% QoQ to ₹2,205 crore; Net Interest Income surged 29% YoY to ₹4,228 crore; NIM stood at 4.11%.
- Asset Quality Improvement: Gross NPA declined to 2.12% from 2.65% YoY; ₹802.92 crore of stressed loans were transferred to ARCs with a provision reversal of ₹27.24 crore.

- [IDBI Bank Limited has informed the Exchange about Notice of Strike |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/MANESHJ_31102026125048_SE_NoticeofStrike_31102026.pdf)
- [IDBI Bank Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MANESHJ_29102026142017_SE_Advertisement_29102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026130933_CRISILRatings.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184416_RatingICRA26102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184848_RatingICRA26102026.pdf)
- [IDBI Bank Limited has informed the Exchange about Credit Rating |SUBJECT: Credit Rating](https://nsearchives.nseindia.com/corporate/MANESHJ_24102026115901_SE_CRISILRatings_23102026.pdf)
- [IDBI Bank Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MANESHJ_19102026115701_SE_NEwspaper_19102026.pdf)
- [IDBI Bank Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/MANESHJ_17102026144140_SE_UFR_30092026.pdf)
- [IDBI Bank Limited has informed the Exchange regarding a press release dated October 17, 2026, titled "IDBI Bank Limited - Financial Results for the Quarter and Half year ended September 30, 2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/MANESHJ_17102026145022_SE_PressRelase_Results_17102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_17102026164510_51_1_2__Financial_Result_ds.pdf)

### Fundamentals

IDBI Bank’s operating trajectory shows a clear recovery in profitability, driven by strong sequential growth in the second quarter of FY2026-27. Net profit rose to ₹2,214 crore from ₹2,127 crore in Q1, with Basic EPS increasing to ₹2.06 per share. Revenue expanded significantly, with Interest Earned climbing to ₹8,519 crore and Total Income reaching ₹9,936 crore, up from ₹8,633 crore in the prior quarter. This revenue surge outpaced the rise in Interest Expended (₹4,282 crore) and Operating Expenses (₹2,730 crore), resulting in higher Operating Profit of ₹2,925 crore.

Earnings quality is supported by improving asset quality metrics, as Gross Non-Performing Assets (GNPA) declined sequentially to ₹5,860 crore from ₹6,090 crore. The bank’s financing margin improved to 18% in the trailing twelve months (TTM) compared to 11% in FY2026, indicating better net interest margins. Balance sheet strength remains robust, with Deposits growing to ₹355,224 crore by September 2026 and Borrowings at ₹32,640 crore. Cash flow generation is healthy, with Free Cash Flow recorded at ₹16,454 crore for FY2026. However, investors should note that Compounded Profit Growth has slowed to -11% on a TTM basis despite strong historical CAGR figures, suggesting recent volatility or one-off impacts.

The most important next checkpoint is monitoring whether the sequential improvement in GNPA reduction continues alongside stable financing margins, ensuring that asset quality improvements are sustaining rather than transient.

- Sequential Profit Recovery: Net profit increased to ₹2,214 crore in Q2 FY2026-27 from ₹2,127 crore in Q1, with EPS rising to ₹2.06 per share.
- Revenue Momentum: Interest Earned grew to ₹8,519 crore in Q2, up from ₹7,549 crore in Q1, driving Operating Profit to ₹2,925 crore.
- Asset Quality Improvement: Gross NPAs declined sequentially to ₹5,860 crore from ₹6,090 crore, signaling better credit health.
- Margin Expansion: Financing Margin improved to 18% on a TTM basis, up from 11% in FY2026, reflecting enhanced pricing power.

### Bear Case

IDBI Bank faces significant near-term price weakness and structural uncertainty surrounding its strategic sale. The stock has declined 23.2% year-to-date as of November 6, 2026, with a current drawdown of 31.3% from recent peaks. Technical indicators on the daily timeframe are bearish, with the Supertrend signaling downside pressure and short-term moving averages sloping negatively. The share price closed at ₹79.65, trading below the winning bid price of ₹81 established in the government’s disinvestment process, suggesting limited immediate upside momentum despite the transaction's approval status. While monthly trends remain bullish, the sharp one-month return of -8.5% and high annualized volatility of 46.5% highlight elevated risk for investors. The resolution of regulatory clearance from the RBI remains a key conditional factor influencing the final valuation realization.

- - Year-to-date performance is negative at -23.2%, with a current drawdown of -31.3% and high annualized volatility of 46.5%.
- - Daily technicals are bearish; the stock closed at ₹79.65, below the ₹81 winning bid price, with the daily Supertrend indicating downward pressure.
- - One-month return stands at -8.5%, contrasting with a longer-term monthly bullish trend, reflecting recent selling pressure.
- - The transaction awaits final regulatory clearance from the RBI, leaving the execution timeline and final stake distribution (government and LIC retaining ~one-third) unresolved.

- [Restarting IDBI Bank sale was futile, says DIPAM chief on Rs 52,878-crore deal: Report](https://www.businesstoday.in/india/story/restarting-idbi-bank-sale-was-futile-says-dipam-chief-on-rs-52878-crore-deal-report-566079-2026-11-06)
- [LIC seeks alignment with global standards, EoM glide path in feedback to Irdai’s distribution proposals | Mint](https://www.livemint.com/industry/banking/lic-seeks-alignment-with-global-standards-eom-glide-path-in-feedback-to-irdai-s-distribution-proposals-11793890392546.html)
- [LIC’s Q2FY27 standalone net profit up 20% at ₹12,076 crore](https://www.thehindubusinessline.com/money-and-banking/lics-q2fy27-standalone-net-profit-up-20-at-12076-crore/article71671032.ece)
- [It's just a bank sale. So why is everyone talking about IDBI?](https://timesofindia.indiatimes.com/toi-plus/business-economy/its-just-a-bank-sale-so-why-is-everyone-talking-about-idbi/articleshow/135538735.cms)
- [LIC sees limited impact on bancassurance from IDBI sale, plans to expand bank partnerships: MD & CEO Doraiswamy](https://www.moneycontrol.com/banking/lic-sees-limited-impact-on-bancassurance-from-idbi-sale-plans-to-expand-bank-partnerships-md-ceo-doraiswamy-article-14071784.html)
- [IDBI Bank Limited has informed the Exchange about Notice of Strike |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/MANESHJ_31102026125048_SE_NoticeofStrike_31102026.pdf)
- [IDBI Bank Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MANESHJ_29102026142017_SE_Advertisement_29102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026130933_CRISILRatings.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184416_RatingICRA26102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184848_RatingICRA26102026.pdf)

### FAQs

**What is the status of the IDBI Bank strategic sale to Fairfax?**

The Cabinet Committee on Economic Affairs approved Fairfax Financial Holdings Ltd. to acquire a 60.72% stake for ₹52,878 crore (₹81 per share). The transaction involves divesting 30.48% from the Government of India and 30.24% from LIC. Upon completion, subject to regulatory approvals, Fairfax will become the promoter with management control.

**How does the proposed sale impact LIC's stake and bancassurance business?**

LIC will sell its 30.24% stake but retain a residual 19% holding while withdrawing board nominees. LIC MD & CEO R Doraiswamy stated the sale has limited impact on bancassurance, as the insurer plans to expand partnerships under an open-architecture model. LIC reported Q2FY27 standalone net profit rose 20% year-on-year to ₹12,076 crore.

**What are the credit rating implications following the deal approval?**

CRISIL placed IDBI’s long-term debt instruments on ‘Rating Watch with Positive Implications’ and reaffirmed its ‘Crisil A1+’ CD rating. ICRA placed the long-term rating on ‘Watch with Developing Implications’ but confirmed the CD programme rating remains unchanged at [ICRA]A 1+. These actions follow the October 14, 2026 announcement of the deal approval.

**Is there any operational risk or recent employee action affecting the bank?**

IDBI Bank received a notice of a proposed strike on November 2 and 3, 2026, jointly from the All India IDBI Officers' Association and the All India Industrial Development Bank Employees' Association. The strike was in support of their demands, and the bank notified the NSE under SEBI LODR Regulations.

- [Restarting IDBI Bank sale was futile, says DIPAM chief on Rs 52,878-crore deal: Report](https://www.businesstoday.in/india/story/restarting-idbi-bank-sale-was-futile-says-dipam-chief-on-rs-52878-crore-deal-report-566079-2026-11-06)
- [LIC seeks alignment with global standards, EoM glide path in feedback to Irdai’s distribution proposals | Mint](https://www.livemint.com/industry/banking/lic-seeks-alignment-with-global-standards-eom-glide-path-in-feedback-to-irdai-s-distribution-proposals-11793890392546.html)
- [LIC’s Q2FY27 standalone net profit up 20% at ₹12,076 crore](https://www.thehindubusinessline.com/money-and-banking/lics-q2fy27-standalone-net-profit-up-20-at-12076-crore/article71671032.ece)
- [It's just a bank sale. So why is everyone talking about IDBI?](https://timesofindia.indiatimes.com/toi-plus/business-economy/its-just-a-bank-sale-so-why-is-everyone-talking-about-idbi/articleshow/135538735.cms)
- [LIC sees limited impact on bancassurance from IDBI sale, plans to expand bank partnerships: MD & CEO Doraiswamy](https://www.moneycontrol.com/banking/lic-sees-limited-impact-on-bancassurance-from-idbi-sale-plans-to-expand-bank-partnerships-md-ceo-doraiswamy-article-14071784.html)
- [IDBI Bank Limited has informed the Exchange about Notice of Strike |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/MANESHJ_31102026125048_SE_NoticeofStrike_31102026.pdf)
- [IDBI Bank Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MANESHJ_29102026142017_SE_Advertisement_29102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026130933_CRISILRatings.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184416_RatingICRA26102026.pdf)
- [Disclosure Under Regulation 51 |SUBJECT: Disclosure Under Regulation 51](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184848_RatingICRA26102026.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹80.13
- Risk regime: Higher Price Risk

### Support levels
- 73.71000000000001
- 72.16499999999999
- 70.9675

### Resistance levels
- 81.0980078125
- 83.40125
- 88.08656250000001

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.09% |
| return_10 | +4.20% |
| return_1m | -8.46% |
| return_1y | -18.11% |
| return_20 | -4.24% |
| return_3m | -5.78% |
| return_5 | -0.83% |
| return_6m | +4.76% |
| return_since_start | +3.68% |
| return_ytd | -23.24% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -46.99% |
| annualized_volatility | +46.50% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# IDBI Bank Limited Q2 FY2026-27: Operating profit rises 33% sequentially

Consolidated operating profit before provisions and contingencies increased 33.3% quarter on quarter to ₹2,925 crore, as income rose faster than expenditure excluding provisions. Profit for the period grew 4.5% to ₹2,226 crore, with a ₹10 crore provision charge replacing the previous quarter’s ₹636 crore write-back. Profit after minority interest and share of associates was ₹2,214 crore, while EPS of ₹2.06 remained below the year-ago ₹3.00.

## Income and operating profit improved sequentially

Total income rose 15.1% from ₹8,633 crore in Q1 FY2026-27 to ₹9,936 crore in Q2. Interest earned increased 12.8% to ₹8,519 crore, and other income rose 30.7% to ₹1,417 crore. Interest expended grew 5.6% to ₹4,282 crore. Interest on advances was ₹5,993 crore in Q2.

Operating profit before provisions and contingencies reached ₹2,925 crore, compared with ₹2,193 crore in Q1 FY2026-27. It was 7.1% lower than the ₹3,147 crore reported in Q2 FY2025-26.

## Expenses increased, but more slowly than income

Expenditure excluding provisions and contingencies rose 8.9% sequentially to ₹7,012 crore. Employee costs increased 15.2% to ₹1,349 crore, while other operating expenses rose 13.5% to ₹1,381 crore. The slower growth in total expenditure than in income accompanied the sequential increase in operating profit.

## Provision reversal narrowed the increase in profit

Provisions other than tax and contingencies were a charge of ₹10 crore in Q2, compared with a ₹636 crore write-back in Q1 FY2026-27. Profit before tax consequently rose 3.0% sequentially to ₹2,914 crore, less than the increase in operating profit. Tax expense edged down to ₹688 crore from ₹699 crore, and profit for the period increased 4.5% to ₹2,226 crore.

Profit after minority interest and share of associates was ₹2,214 crore, up 4.1% from ₹2,127 crore in Q1. Basic and diluted EPS were ₹2.06, against ₹1.98 in Q1 and ₹3.00 in Q2 FY2025-26.

## Advances and deposits expanded

At 30 September 2026, advances stood at ₹2,71,530 crore, compared with ₹2,53,624 crore at 31 March 2026 and ₹2,30,218 crore at 30 September 2025. Deposits were ₹3,55,224 crore, up from ₹3,46,776 crore at 31 March 2026 and ₹3,03,212 crore a year earlier.

## Gross NPA ratio declined; net NPA ratio rose slightly

Gross NPAs fell 3.8% sequentially to ₹5,860 crore at 30 September 2026. The gross NPA ratio declined to 2.12%, from 2.30% at 30 June 2026 and 2.65% at 30 September 2025.

Net NPAs increased 8.3% sequentially to ₹461 crore, and the net NPA ratio edged up to 0.17% from 0.16% at 30 June. The two measures therefore moved in different directions during the quarter.

## Capital and returns

The CET1 ratio was 26.67% at 30 September 2026, compared with 26.50% at 30 June and 23.94% a year earlier. Return on assets was 1.83%, down from 1.89% in Q1 FY2026-27 and 3.55% in Q2 FY2025-26. Total assets were ₹4,82,869 crore at 30 September 2026, and the Government of India’s shareholding was 45.48%.

## Key Takeaway

Q2 FY2026-27 delivered a marked sequential recovery in operating profit as income growth outpaced the increase in expenditure. The reversal from a large provision write-back to a small charge limited profit growth, while EPS and return on assets remained below the year-ago quarter. Lower gross NPAs and a higher CET1 ratio were positive developments, offset in part by a modest rise in the net NPA ratio.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +94.71%
- FII holding: +0.45%
- DII holding: +0.10%
- Mutual fund holding: +0.07%
- Retail holding: +2.17%
- Promoter pledged: +0.00%

### Major reported shareholders

- LIFE INSURANCE CORPORATION OF INDIA — +49.24%
- PRESIDENT OF INDIA — +45.48%

## Official filings

- 2026-10-31 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_31102026125048_SE_NoticeofStrike_31102026.pdf)
- 2026-10-29 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_29102026142017_SE_Advertisement_29102026.pdf)
- 2026-10-26 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026130933_CRISILRatings.pdf)
- 2026-10-26 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184416_RatingICRA26102026.pdf)
- 2026-10-26 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_26102026184848_RatingICRA26102026.pdf)
- 2026-10-24 — Credit Rating Update: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_24102026115901_SE_CRISILRatings_23102026.pdf)
- 2026-10-19 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_19102026115701_SE_NEwspaper_19102026.pdf)
- 2026-10-17 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_17102026144140_SE_UFR_30092026.pdf)
- 2026-10-17 — Press Release: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_17102026145022_SE_PressRelase_Results_17102026.pdf)
- 2026-10-17 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_17102026164510_51_1_2__Financial_Result_ds.pdf)
- 2026-10-17 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_17102026164253_32__52_7_Deviation_and_Utilisation_of_Funds_ds.pdf)
- 2026-10-17 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_17102026164744_52__4__Financial_Ratio_ds.pdf)
- 2026-10-17 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_17102026165002_Security_Cover_54_3_ds.pdf)
- 2026-10-17 — Financial Results Filing: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1740932_17102026060327_WEB.xml)
- 2026-10-17 — Financial Results Filing: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1740930_17102026060314_WEB.xml)
- 2026-10-15 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_15102026102815_NSE_Clarification_15102026.pdf)
- 2026-10-14 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-10-14 — Press Release: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_14102026204555_SE_PressRelease_14102026.pdf)
- 2026-10-12 — Board Meeting Notice: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_12102026114057_SE_IntimationofBM_12102026.pdf)
- 2026-10-03 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_03102026122223_SE_Certificate745_September2026.pdf)
- 2026-10-03 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_03102026175222_SE_ProvisionalResults_30092026.pdf)
- 2026-10-01 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_01102026125717_Reporting_andMonitoring_in_terms_of_SEBI_Circular_ds.pdf)
- 2026-10-01 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_01102026130113_Regulation_6_1_7_1_of_SEBI_LODR_Regulation2015_ds.pdf)
- 2026-10-01 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/BSANTOSH_01102026130101_Regulation_6_1_7_1_of_SEBI_LODR_Regulation2015_ds.pdf)
- 2026-09-25 — Generic Announcement: IDBI Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MANESHJ_25092026135700_NoticeofStrike_25092026.pdf)

## News and market events

- 2026-11-07 — IANSLIVE.IN: **LIC delivers strong Q2 performance, IDBI Bank disinvestment unlikely to hit bancassurance: CEO** — LIC reported strong Q2 and H1 FY27 performance with healthy growth in premiums and improved VNB margins, despite a decline in ULIP sales driven by equity market volatility and strategic shifts toward higher-ticket products. CEO R Doraiswamy stated that the proposed disinvestment of IDBI Bank is unlikely to significantly impact LIC's bancassurance business, as the partnership is expected to continue. The company remains focused on expanding protection, health, and annuity products while investing in cybersecurity and agent productivity to support its long-term growth strategy. — [Source](https://ianslive.in/lic-delivers-strong-q2-performance-idbi-bank-disinvestment-unlikely-to-hit-bancassurance-ceo--20261107193737)
- 2026-11-07 — Times of India: **He left India in 1972 with just $8 and worked as a salesman to survive; 54 years later, the Hyderabad-born investor known as 'Canada's Warren Buffett' is making a ₹52,878 crore bank deal** — Prem Watsa, the Hyderabad-born investor known as 'Canada's Warren Buffett', has been selected as the strategic buyer for a 60.72% stake in IDBI Bank in a deal valued at ₹52,878 crore. The transaction involves the sale of shares held by the Government of India and the Life Insurance Corporation of India, though it remains subject to regulatory approvals. This development marks a significant return for Watsa, whose firm Fairfax Financial Holdings has maintained long-term investments in Indian sectors including banking and infrastructure. — [Source](https://timesofindia.indiatimes.com/life-style/people/he-left-india-in-1972-with-just-8-and-worked-as-a-salesman-to-survive-54-years-later-the-hyderabad-born-investor-known-as-canadas-warren-buffett-is-making-a-52878-crore-bank-deal/articleshow/135618936.cms)
- 2026-11-06 — Mint: **IDBI Bank stake sale: ‘Very, very remote’ chance of finding another buyer at ₹52,000 crore, says DIPAM Secretary Chawla | Company Business News** — DIPAM Secretary Arunish Chawla stated that the chance of finding another buyer for IDBI Bank at ₹52,000 crore is 'very, very remote,' as the government chose to accept revised bids from existing bidders rather than canceling the process or seeking new participants. The Core Group of Secretaries on Disinvestment approved the improved offer, which exceeded fair-value assessments and was bolstered by a ₹627-crore tax indemnity, despite the reserve price remaining unchanged. This strategic disinvestment of a 60.72% stake to Fairfax Financial Holdings is targeted for completion by the end of the fi — [Source](https://www.livemint.com/companies/news/idbi-bank-stake-sale-very-very-remote-chance-of-finding-another-buyer-at-52-000-crore-says-dipam-secretary-chawla-11793971089575.html)
- 2026-11-06 — CNBC-TV18: **DIPAM Secy on IDBI Bank sale: Fresh bids sought to boost valuation; finding another buyer ‘very remote’** — DIPAM Secretary Arunish Chawla defended the government's acceptance of a revised offer for IDBI Bank, stating that finding another buyer willing to pay ₹52,000 crore is 'very remote' and that the reserve price remained unchanged. He justified the decision by noting the bid exceeded fair-value estimates and was enhanced by a tax indemnity measure, while clarifying that strategic disinvestments do not strictly follow conventional reserve-price auction models. The transaction remains pending approval from the Reserve Bank of India, which will assess the bidder's source of funds and fit-and-proper — [Source](https://www.cnbctv18.com/economy/dipam-secy-idbi-bank-sale-fresh-bids-sought-to-boost-valuation-finding-another-buyer-very-remote-20028965.htm)
- 2026-11-06 — BUSINESSTODAY: **Restarting IDBI Bank sale was futile, says DIPAM chief on Rs 52,878-crore deal: Report** — DIPAM Secretary Arunish Chawla defended the government's decision to pursue improved offers rather than restarting the IDBI Bank strategic sale, arguing that finding another buyer for the Rs 52,878-crore deal would have been futile. The Cabinet Group of Secretaries on Disinvestment selected this path after tax liability adjustments helped increase the bid-discovered price by Rs 3,917 crore, resulting in a winning bid of Rs 81 per share. The transaction now awaits final regulatory clearance from the RBI, with the government and LIC retaining a combined residual stake of approximately one-third — [Source](https://www.businesstoday.in/india/story/restarting-idbi-bank-sale-was-futile-says-dipam-chief-on-rs-52878-crore-deal-report-566079-2026-11-06)
- 2026-11-05 — Mint: **LIC seeks alignment with global standards, EoM glide path in feedback to Irdai’s distribution proposals | Mint** — Life Insurance Corp. of India (LIC) has requested the Insurance Regulatory and Development Authority of India (Irdai) to align proposed caps on distribution costs with global standards and provide a more gradual compliance timeline, citing current needs for insurance awareness and technology spending. Concurrently, LIC reported a 20.1% year-on-year rise in net profit to ₹12,076 crore for Q2 FY27, driven by growth in net premium income and improved value of new business margins. The insurer also stated that the proposed stake sale in IDBI Bank is not expected to significantly impact its bancass — [Source](https://www.livemint.com/industry/banking/lic-seeks-alignment-with-global-standards-eom-glide-path-in-feedback-to-irdai-s-distribution-proposals-11793890392546.html)
- 2026-11-05 — The Hindu: **LIC’s Q2FY27 standalone net profit up 20% at ₹12,076 crore** — Life Insurance Corporation of India reported a 20% year-on-year increase in its Q2FY27 standalone net profit to ₹12,076 crore, driven by healthy growth in net premium income and tight expense management. The insurer's CEO highlighted that these results reflect successful product and channel diversification strategies, while also expressing optimism about the positive impact of upcoming IRDAI commission regulations on industry growth. — [Source](https://www.thehindubusinessline.com/money-and-banking/lics-q2fy27-standalone-net-profit-up-20-at-12076-crore/article71671032.ece)
- 2026-11-05 — Times of India: **It's just a bank sale. So why is everyone talking about IDBI?** — IDBI Bank, which needed rescuing a few years ago and is now profitable, is being sold in a deal valued at Rs 52,878 crore. The sale has sparked debate over the bank’s worth: the government initially sought at least Rs 94 per share, while Canadian investor Fairfax offered Rs 81. — [Source](https://timesofindia.indiatimes.com/toi-plus/business-economy/its-just-a-bank-sale-so-why-is-everyone-talking-about-idbi/articleshow/135538735.cms)
- 2026-11-05 — MONEYCONTROL: **LIC sees limited impact on bancassurance from IDBI sale, plans to expand bank partnerships: MD & CEO Doraiswamy** — LIC MD & CEO R Doraiswamy stated that the proposed strategic sale of IDBI Bank will have a limited impact on its bancassurance business, as the insurer plans to expand partnerships with other banks under an open-architecture distribution model. The transaction involves the divestment of stakes by both the government and LIC, with LIC retaining a 19% stake while withdrawing board nominees, subject to remaining regulatory approvals. — [Source](https://www.moneycontrol.com/banking/lic-sees-limited-impact-on-bancassurance-from-idbi-sale-plans-to-expand-bank-partnerships-md-ceo-doraiswamy-article-14071784.html)
- 2026-11-05 — Mint: **IDBI Bank stake sale: Why employees are protesting against Fairfax deal and demanding privatisation rollback | Company Business News** — Employee unions and the Congress party are protesting the Indian government's October 14 approval of a $5.5 billion deal to sell a 60.72% stake in IDBI Bank to Fairfax Financial Holdings, citing concerns over valuation transparency and the loss of public ownership. While Finance Minister Nirmala Sitharaman defends the transaction as necessary for the bank's revival after years of bad loans, protesters have staged nationwide strikes and demanded a parliamentary investigation into the disinvestment process. The deal, which involves acquiring shares at ₹81 per share from the Centre and LIC, remai — [Source](https://www.livemint.com/companies/news/idbi-bank-stake-sale-why-employees-are-protesting-against-fairfax-deal-and-demanding-privatisation-rollback-11793874927748.html)
- 2026-11-05 — REDIFF.COM: **IDBI Bank's Sale Is A Turning Point For Indian Banking** — Canada’s Fairfax Financial Holdings has been approved to acquire a 60.72% stake in IDBI Bank for ₹52,878 crore, marking the largest foreign direct investment in India's financial sector history. The transaction, expected to close by March 2027, involves integrating IDBI with Go Digit Insurance and IIFL Capital Services to form a larger financial group. This sale reflects an evolving regulatory stance by the Reserve Bank of India and the government toward allowing significant foreign ownership and governance in Indian banks. — [Source](https://www.rediff.com/business/column/idbi-banks-sale-is-a-turning-point-for-indian-banking/20261105.htm)
- 2026-11-05 — The Hindu: **Did the government do right in selling controlling stake in IDBI Bank to a private investor?** — The Hindu Businessline published a poll on November 5, 2026, asking readers whether the government acted correctly in selling its controlling stake in IDBI Bank to a private investor. The article presents this transaction as the subject of public opinion without providing additional factual details or analysis regarding the deal's specifics. — [Source](https://www.thehindubusinessline.com/todays-poll/did-the-government-do-right-in-selling-controlling-stake-in-idbi-bank-to-a-private-investor/article71668812.ece)
- 2026-11-03 — Economic Times: **IDBI Bank Strike: What's on November 10? Nationwide bank strike, wider protests on the table; here's what you need to know** — A two-day nationwide strike by IDBI Bank employees and officers against the proposed sale of a majority stake to Canada's Fairfax Financial Holdings has ended, with the union scheduled to decide its next course of action on November 10. The United Forum of IDBI Officers and Employees opposes the Rs 53,000 crore transaction, citing concerns over asset undervaluation and demanding greater transparency in the valuation process. Meanwhile, the Congress party has criticized the deal as a 'scam' and called for a Joint Parliamentary Committee investigation. — [Source](https://economictimes.indiatimes.com/news/new-updates/idbi-bank-strike-whats-on-november-10-nationwide-bank-strike-wider-protests-on-the-table-heres-what-you-need-to-know/articleshow/135509011.cms)
- 2026-11-03 — MONEYCONTROL: **Fairfax's $5.5 billion deal for India's IDBI Bank faces employee, political opposition** — Fairfax Financial's proposed $5.5 billion acquisition of India's IDBI Bank is encountering opposition from both employees and political entities. The deal, which involves the Indian state-owned bank, faces resistance that may impact its progression. — [Source](https://www.moneycontrol.com/news/business/companies/fairfax-s-5-5-billion-deal-for-india-s-idbi-bank-faces-employee-political-opposition-14067705.html)
- 2026-11-03 — Mint: **Top stocks to watch today: SBI, NSE, ITC, Sun Pharma, IDBI Bank shares in focus on Tuesday, 3 Nov | Full list** — Indian equity markets are poised for a gap-up opening following a three-session winning streak, with benchmark indices reaching their highest levels in over five weeks. Several stocks including SBI, NSE, ITC, and IDBI Bank remain in focus due to Q2FY27 earnings releases, corporate developments such as NALCO's interim dividend approval, and operational updates from Sun Pharma and PTC India. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-sbi-nse-itc-sun-pharma-idbi-bank-shares-in-focus-on-tuesday-3-nov-full-list-11793668822019.html)
- 2026-11-03 — Economic Times: **Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma** — Indian equity benchmarks extended gains with the Nifty nearing 23,500 resistance as investors tracked corporate developments including Q2 earnings and operational updates. Key results showed Marico posting a 31% rise in net profit and expanding margins, while ITC saw an 18.5% decline in consolidated net profit due to weakness in its cigarette business despite revenue growth. Other notable movements included Container Corporation of India reporting a slight profit decline, Sun Pharma clarifying that a production halt order related to past events rather than new lapses, and Yatra Online disclosi — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-itc-marico-sbi-yatra-online-nse-container-corp-and-sun-pharma/articleshow/135474354.cms)
- 2026-11-02 — DECCANCHRONICLE.COM: **Fairfax May Use IDBI Bank’s Excess Capital To Help Fund ₹52,878 Crore Buyout** — Fairfax Financial Holdings plans to use IDBI Bank’s excess capital, estimated at approximately ₹28,300 crore, to partially finance its ₹52,878 crore acquisition of a majority stake in the lender. This arrangement involves IDBI purchasing Fairfax's insurance and brokerage assets in cash, a structure that banking experts and regulators have flagged for raising significant governance, valuation, and minority shareholder rights concerns. Critics argue that leveraging the bank's balance sheet to fund the sale of its own shares lacks justification and presents poor optics compared to typical sector — [Source](https://www.deccanchronicle.com/business/fairfax-may-use-idbi-banks-excess-capital-to-help-fund-52878-crore-buyout-2001242)
- 2026-11-02 — CNBC-TV18: **Stocks to Watch for November 3: ITC, Marico, CONCOR, Petronet LNG and more** — Investors are focusing on companies reporting September-quarter earnings, including Petronet LNG, Marico, CONCOR, Granules India, PTC India, and GSFC, alongside IDBI Bank amid a nationwide employee strike against its proposed stake sale. Key results show mixed performance, with Petronet LNG and Marico posting profit growth while PTC India and GSFC reported significant declines in net profit. Other notable developments include Lupin receiving US FDA approval for Amifampridine Tablets and Balaji Amines reporting a sharp increase in quarterly profits. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-november-3-itc-marico-concor-petronet-lng-and-more-20025147.htm)
- 2026-11-02 — IANSLIVE.IN: **Congress demands JPC probe, halt to proposed IDBI Bank sale** — Senior Congress leader Shaktisinh Gohil has demanded an immediate halt to the proposed sale of IDBI Bank to Canada’s Fairfax Financial Holdings and called for a Joint Parliamentary Committee probe, citing alleged irregularities and lack of transparency. He claims the bank is being acquired using its own funds and criticized the revision of share valuation from Rs 94.42 to Rs 75 before the government claimed a deal at Rs 81 per share. Additionally, Gohil raised concerns regarding the loss of public sector status affecting reservation benefits and the potential impact on the bank's valuable real — [Source](https://ianslive.in/congress-demands-jpc-probe-halt-into-proposed-idbi-bank-sale--20261102222552)
- 2026-11-02 — The Hindu: **Congress seeks JPC probe into IDBI Bank sale, alleges valuation irregularities** — The Congress party has demanded an immediate halt to the Indian government's proposed sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings and called for a Joint Parliamentary Committee probe, alleging valuation irregularities and transparency issues. Senior leaders claimed the transaction was manipulated, citing a downward revision of the share price from ₹94.42 to ₹75 and questioning the use of the bank’s own funds to finance the acquisition by the foreign buyer. While the Ministry of Finance stated that regulatory oversight and customer-facing duties would remain unchanged, Con — [Source](https://www.thehindu.com/news/national/congress-seeks-jpc-probe-into-idbi-bank-sale-alleges-valuation-irregularities/article71657915.ece)
- 2026-11-02 — The Hindu: **IDBI Bank privatisation: Employees go on strike against Fairfax acquisition** — IDBI Bank employees have launched a two-day nationwide strike across more than 2,000 branches to protest the planned privatization of the lender through Fairfax Financial Holdings Ltd's acquisition of a 60.72 per cent stake. The United Forum of IDBI Officers & Employees is urging the federal government to scrap the sale, citing concerns over transparency, public accountability, and national interest despite assurances from Fairfax and the government regarding job security and service conditions. — [Source](https://www.thehindubusinessline.com/money-and-banking/idbi-bank-privatisation-employees-go-on-strike-against-fairfax-acquisition/article71657373.ece)
- 2026-11-02 — CNBC-TV18: **IDBI Bank employees begin 2-day strike against Fairfax deal, question privatisation and sale valuation** — More than 10,000 IDBI Bank employees have begun a two-day nationwide strike to oppose the proposed sale of a controlling stake to Fairfax Financial Holdings, demanding that the government retain majority ownership. The union questions the transaction's valuation and rationale, citing the bank's recent profitability and substantial public-sector capital support during its turnaround. While the government defends the ₹81 per share offer as above benchmark valuations, employees seek assurances on job security, pensions, and service conditions. — [Source](https://www.cnbctv18.com/business/companies/idbi-bank-employees-2-day-strike-against-fairfax-deal-question-privatisation-sale-valuation-20025111.htm)
- 2026-11-02 — MONEYCONTROL: **IDBI Bank employees strike over Fairfax acquisition** — Employees of IDBI Bank have initiated a strike in protest against the bank's acquisition by Fairfax Financial Holdings. The industrial action highlights internal dissent regarding the strategic transaction involving the lender. — [Source](https://www.moneycontrol.com/news/business/idbi-bank-employees-strike-over-fairfax-acquisition-14066549.html)
- 2026-11-02 — The Hindu: **IDBI Bank sale: DIPAM failed to exercise due diligence, charges EAS Sarma** — Former government secretary EAS Sarma has charged that DIPAM failed to exercise due diligence regarding conflicts of interest in the IDBI Bank disinvestment process, citing KPMG's advisory role and its non-audit services to IIFL Capital, where Fairfax holds a substantial equity share. Sarma has demanded an independent enquiry into the sale, arguing that the transaction may not generate additional fiscal resources as claimed by the government. — [Source](https://www.thehindubusinessline.com/money-and-banking/idbi-bank-sale-dipam-failed-to-exercise-due-diligence-charges-eas-sarma/article71655807.ece)
- 2026-11-02 — Economic Times: **IDBI Bank strike on November 2 and 3, 2026: Bank advises customers to use digital channels; removes fee on non-IDBI ATM withdrawals - The Economic Times** — IDBI Bank employees launched a two-day strike on November 2 and 3, 2026, protesting the sale of the bank's majority ownership to Fairfax Financial Holdings. In response, IDBI Bank urged customers to utilize digital banking channels and waived charges for cash withdrawals at other banks' ATMs during the disruption. — [Source](https://economictimes.indiatimes.com/wealth/save/bank-strike-today-idbi-strike-on-november-2-and-3-2026-lender-advises-customers-to-use-digital-channels-removes-fee-on-non-idbi-atm-withdrawals/articleshow/135448963.cms)

## Business profile

**Strategic vision:** Commercial bank offering diverse financial services across segments.

### Business segments
- **Personal Banking:** Provides personal banking solutions including savings accounts, home loans, gold loans, and specialized accounts for senior citizens.
- **Corporate Banking:** Offers financial assistance to corporate clients, including term loans, working capital finance, bank guarantees, remittances, debt syndication, and advisory services.
- **MSME Finance:** Focuses on providing tailored financial solutions and loan products to Micro, Small, and Medium Enterprises.
- **Agri Banking:** Offers products for the agricultural sector, including crop loans with Kissan Credit Cards, Agri Gold Loans, Warehouse Receipt Finance, Microfinance Loans, and Farm Mechanization Loans.

### Competitive strengths
- Operates as a commercial bank with a diverse range of services.
- Serves multiple customer segments including personal, corporate, MSME, and agriculture.
- Transitioned from a development finance institution to a commercial bank.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/idbi
Markdown representation: https://faxioms.com/stocks/idbi?render=md