HomeNewsBusinessMoneycontrol ResearchHow much upside is there to the IDBI Bank stock with Kotak Bank eyeing a possible stake?

How much upside is there to the IDBI Bank stock with Kotak Bank eyeing a possible stake?

While improved profitability and strengthened balance sheet is comforting, the real attraction for the prospective buyer will be IDBI Bank’s large deposit franchise and widely spread branch network.

Neha Dave

May 17, 2023 / 09:47 IST

How much upside is there to the IDBI Bank stock with Kotak Bank eyeing a possible stake?

The disinvestment of IDBI Bank has now gathered pace after the Expression of Interest (EOI) closed in January.

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More