MoneyWorks4Me

Government to sell its balance holding in IDBI Bank

03 Feb 2020 Evaluate

The government has proposed to sell its balance holding in IDBI Bank to private, retail and institutional investors through the stock exchange, in order to meet the need for greater private capital. The announcement has been made in Union Budget on February 01, 2020.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

IDBI Bank Share Price

91.10 0.24 (0.26%)
01-Sep-2026 09:16 View Price Chart
Peers
Company Name CMP
HDFC Bank 706.50
ICICI Bank 1440.00
Axis Bank 1268.70
Kotak Mahindra Bank 424.65
Indusind Bank 995.40
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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