Big bucks ahead: India to sell IDBI Bank stake for $7.1B

Hold onto your hats! The Indian government is ready to sell a big chunk of IDBI Bank for a whopping $7.1 billion! They're chatting with some big players like Kotak and Emirates NBD. IDBI is now back in the game, making money and shedding bad loans. They aim to wrap up this sale by March 2026, and guess what? The bank's shares are on the rise, making everyone super excited!