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News for India > Business > IDBI Bank share price jumps 3% on reports of GoI inviting bids from potential bidders | Stock Market News
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IDBI Bank share price jumps 3% on reports of GoI inviting bids from potential bidders | Stock Market News

Last updated: June 30, 2025 11:58 am
8 months ago
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IDBI Bank share price rallied as much as 3 per cent to ₹105.16 on NSE in Monday’s trading session following reports that the government is preparing to invite financial bids for the bank.

According to CNBC-TV18, the Centre is nearing the finalisation of a share purchase agreement with prospective buyers and may soon seek clearance from the ministerial panel overseeing the transaction.

The stake sale in IDBI Bank, which has seen several delays over the past three years, is viewed as a crucial component of the government’s larger divestment agenda.

Currently, the Union government and Life Insurance Corporation of India (LIC) together hold 95% of IDBI Bank, out of which 60.72% has been designated for sale as part of the ongoing disinvestment process.

This move reflects a change in the Centre’s asset monetisation strategy. Unlike in earlier years, the Union Budget 2025 did not specify a separate disinvestment target. Instead, it merged disinvestment proceeds and asset monetisation revenues under a unified budget category—“miscellaneous capital receipts”—with an estimated total of ₹47,000 crore.

IDBI Bank Q4 results 2025

IDBI Bank posted a consolidated net profit of ₹2,072 crore for the January–March 2025 quarter, marking a 25.2 per cent year-on-year increase from ₹1,655.09 crore in the same period last year.

The bank’s interest income during the quarter came in at ₹6,982.97 crore, nearly unchanged from ₹6,994.70 crore recorded a year ago. The rise in net profit was primarily supported by a significant jump in other income.

Other income surged to ₹2,106.84 crore in Q4 FY25, more than double the ₹961.25 crore reported in the corresponding quarter of FY24.

On a standalone basis, IDBI Bank recorded a net profit of ₹2,051.18 crore for Q4 FY25, up 26 per cent from ₹1,628.46 crore in the same quarter the previous year.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



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