IDBI Bank Privatization

IDBI Bank Privatisation: The Finance Minister announced in the 2022 budget session that many PSBs is going to get privatised. Ever since the privatisation of IDBI bank was announced retail investors have been asking about the date and whether would it benefit them.?

Who is going to get the most out of it.? Retail Investors, Buyer or the Government.? Should You invest in IDBI bank before its privatisation or wait.? We will discuss all these questions in detail here.

IDBI bank Privatisation date

RBI is yet to clear the ‘Proper’ and ‘fit’ criteria for the competitors. There are 2 big names in the race one is Mahindra and the second one is CBS Bank Owner who is Canada-based. It would be interesting to see who wins this race.

But For now, RBI is taking its time. The competition commission of India and other such research companies have already cleared this sale so it won’t be long before it gets in someone’s hand.

Is it Good to Buy IDBI bank Stock.?

The answer varies according to your risk appetite and your behaviour in the market. You shouldn’t invest in IDBI bank if you are not a risk taker and wanna avoid volatility. Because its going to get dirty before it yields some big money.

It depends on your goal and risk but also depends on how you see its future. Obviously, if it goes it Mahindra, the market will feel good and retailers as well as DII will invest more freely and heavily. On the other hand, if it goes to Fairfax or CBS bank its future won’t be that clear, so it might move slower than you think.

Invest on your own risk as one thing is very clear IDBI bank privatisation would surely shake the market and your portfolio.

IDBI bank Privatisation latest News

If anything comes up we will keep you updated here. IDBI bank latest news for now only includes its privatisation and it has got around 2702 crore in Income tax refund

IDBI Bank Gross NPA is around 4.5% and its net NPA is around 0.34% which is quite impressive. this will help the government to get a good Price for this bank.

Who is going to get the most out of IDBI bank’s Disinvestment

The first Party to get the benefit most would be the Government as they have the largest stake and whatever comes is pure profit. The government doesn’t have any risk in selling IDBI bank though they are trying to push its per-share price so they can get a better price.

The second party is the buyer. Yes the buyer is getting benefited here as well. You know nowadays it’s not the asset that you buy. You also get tons of information, Experience and a customer base with it. and IDBI bank has all these in tons.

Will You get the benefit.? Of course yes. But Your share depends on multiple factors like who will get it.? at what price it will be sold etc.

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