IDBI Bank disinvestment process accelerates amid valuation scrutiny
pre-market1 source ↓written by the desknot a recommendation
- evaluating the bank's
- 1.8% return on assets
- as it trades
- 2.2% GNPA ratio
- it trades
- 1.8 times book value
The government's push for IDBI Bank's privatization is gaining momentum with financial bids invited, aiming for completion by March 2026. Analysts are evaluating the bank's 1.8% return on assets and 2.2% GNPA ratio as it trades at 1.8 times book value, raising questions about its premium valuation compared to peers like SBI. This scrutiny could impact investor sentiment.
Not investment advice. For informational purposes only.