# Finance Ministry defends IDBI Bank valuation boost

The Finance Ministry confirms IDBI Bank stake sale value increased by ₹3,917 crore. The Core Group of Secretaries on Disinvestment oversaw the bidding process. The valuation boost is attributed to the process, not market conditions.

https://www.business-standard.com/companies/news/idbi-bank-stake-sale-government-valuation-defends-bidding-process-deal-value-126103000338_1.html

Image: https://bsmedia.business-standard.com/_media/bs/img/hp/home-page/2026-10/30/9343/full/1792050401-0902.jpeg

#disinvestment #bank #valuation #india

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Created: 2026-10-30T05:15:54.287301+00:00

Last edited: 2026-10-30T05:15:54.287301+00:00

Board: 3

Origin: Syndicated

Original source: https://www.business-standard.com/companies/news/idbi-bank-stake-sale-government-valuation-defends-bidding-process-deal-value-126103000338_1.html