Government Bank: Now this government bank will be private, do you have an account anywhere, know what will be the effect on the customers...

IDBI Bank: The government is preparing to invite bids to sell its stake in IDBI Bank by September 2025. While this news has led to a surge in the shares of the bank, the concerns of the account holders have increased.
People started getting worried about what they should do. Before proceeding with the news, let us tell you that the privatization of the bank will not affect your deposits at all. That is, whether it is savings or a loan in your bank account, it is not going to have any effect on it. Your account will remain as it is.
This government bank is going to be sold-
IDBI Bank shares rose 4 percent to Rs 105 on Monday. According to reports, the government is preparing to invite financial bids for the bank, which is expected to speed up its disinvestment process. However, the bank has not yet commented on these reports.
According to reports, the central government is close to finalising a share purchase agreement with potential buyers and may soon seek approval from the ministerial panel overseeing such deals.
IDBI Bank's stake sale has been delayed for the last three years. Currently, the central government and LIC own about 95% of the bank. The government wants to sell a 60.72% stake. This time, there is no fixed target for disinvestment in the Union Budget 2025, which is different from previous years.
Instead, the government put the proceeds from disinvestment and asset monetisation in a single category called 'miscellaneous capital receipts', with a target of Rs 47,000 crore for the financial year. Last financial year, the government managed to raise about Rs 30,000 crore through disinvestment. Officials hope that big sales like IDBI Bank will help boost revenue in FY26.
From a market perspective, IDBI Bank has performed strongly in 2025. Its stock has gained nearly 35 per cent so far this year. The bank's financial results have also been solid. In the January-March period of FY25, IDBI Bank reported a net profit of Rs 2,051 crore, up 26 per cent year-on-year, from Rs 1,628 crore in the same period last year. However, the bank's net interest income (NII) during this period declined 11 per cent to Rs 3,290 crore from Rs 3,688 crore a year ago.
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