BusinessPhoto: Mint MarketsFairfax Deal Could Revive IDBI Bank Shares After 20 Years
IDBI Bank shares have barely changed since 2006 despite a brief rally during privatisation talks. Fairfax Financial agreed to acquire a 60.72% stake for around ₹53,000 crore, pending regulatory approval. Experts see potential long-term gains but caution about volatility, valuation concerns, and the need for improved earnings to sustain growth.
Mint Markets·


