15-Oct-2026 07:51:50
IDBIAcquisition and merger
JEFFERIES ON IDBI BANK DEAL
• Fairfax also holds stakes in CSB Bank, IIFL and Go Digit. • Deal could keep competitive intensity in the financial sector relatively high and positioning dynamic. • Jefferies highlights a potential CSB Bank–IDBI Bank merger scenario. • Indicative merger metric cited: 4 IDBI Bank shares for 1 CSB Bank share.
IDBI BANK LIMITED