IDBI Bank Limited is the subject of a planned strategic disinvestment where the Centre (45.48%) and Life Insurance Corporation of India (49.24%) propose to sell a combined 60.72% stake with management control. The All-India Bank Officers’ Association has asked IRDAI to review LIC’s exit valuation of about Rs 81-82 per share, reportedly valuing the stake at about Rs 53,000 crore, with Fairfax Financial as preferred bidder after revised bids in July 2026, potentially delaying regulatory approvals for the transaction.

IDBI Bank may see the Centre within a week approve Canada's Fairfax Financial Holdings' bid to acquire a 60.72% controlling stake from the government and Life Insurance Corporation of India, according to a Financial Express report. The government and LIC, which hold 45.48% and 49.24% respectively, would divest 30.48% and 30.24%. IDBI Bank shares rose 6.89% to Rs 87.93 on the BSE on Monday, valuing the stake at about Rs 56,500 crore.

IDBI Bank Limited is the target of a proposed acquisition of the majority stake held by the federal government and Life Insurance Corporation of India by Canada's Fairfax Financial. Sources said Fairfax is likely to be given up to two years to comply with Reserve Bank of India rules barring ownership of two banks, with the transaction valued at more than $5 billion and reported as $5.5 billion.