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Q2 Results Today Live: Wipro, Nestle, Tech Mahindra, Jio Financial, IRFC, Polycab, HDFC AMC, HDFC Life, Tata Communications, KVB, IIFL, Persistent Systems, 360 ONE WAM, Angel One to announce Q2 results, Tata Tech, Groww, Leela Palaces' shares in focus
Q2 Results Today, 15th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates……
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI Bank
Fairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant moment in the government's divestment efforts, as it represents strategic restructuring. The deal aims to strengthen the banking ecosystem and support the government's disinvestment ta…
Fairfax's IDBI deal premium justified by strategic fit, scale: Analysts
Analysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, paving the way for a diversified financial ecosystem.
IDBI Bank stake sale to push MCR receipts beyond ₹90,000 crore, providing fiscal relief
This mop up will provide relief to government finances at a time when collections from excise are set to be down while expenditure on subsidy and on other welfare scheme is set to go up……
CCEA approves strategic restructuring of IDBI Bank, govt & LIC to get over ₹52,000 crore
The government is offloading 30.48 per cent of its stake and expected to get over ₹26,500 crore, while LIC to sell 30.24 per cent and likely to get over ₹26,300 crore……
MFI constitute the largest share of lending portfolio in June 2026
This share stayed at around 36% to 38% between June 2022 to June 2025, making this the most significant increase in five years……
Review Govt’s decision to sell majority stake in IDBI Bank: Employees’ union
The Forum seeks suspension of further steps towards transferring ownership and management control of IDBI Bank to the foreign entity……
Fairfax faces CSB conundrum after winning IDBI Bank bid; Merger emerges as likely route
The Cabinet Committee on Economic Affairs (CCEA) approves “10955230 Canada Inc.” as the strategic buyer in the restructuring of IDBI Bank……
From 31% bad loans to a sale-ready bank: How IDBI got here
After years under the RBI’s Prompt Corrective Action framework, the bank posted a record net profit of ₹9,513 crore in FY26; total business crossed ₹6,27,149 crore as of September 30, 2026, up 18%……
ICICI Lombard Q2 net jumps 15.5% at ₹946.40 crore, combined ratio worsens
During the period under review, the gross premium written grew 9.11% y-o-y at ₹7,702.09 crore compared with ₹7,058.86 crore for the corresponding period last fiscal……