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    India to scrap bids for majority stake in IDBI Bank, Bloomberg News reports

    Picture of IDBI Bank logoIDBI Bank
    13/03/2026 15:18
    March 13 (Reuters) - India is set to shelve the bids it received for a majority stake in IDBI Bank IDBI.NS, as the amounts were below the minimum price sought, Bloomberg News reported on Friday, citing people with knowledge of the matter.

Reuters could not immediately verify the report.

 (Reporting by Anna Peverieri in Barcelona; Editing by Louise Heavens)

 ((Anna.Peverieri@thomsonreuters.com;))

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