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IDBI Bank shares delivered almost no returns in 20 years. Can Fairfax deal finally turn stock around? Experts weigh in

vialivemint.com19 Oct
IDBI Bank shares delivered almost no returns in 20 years. Can Fairfax deal finally turn stock around? Experts weigh in
IDBI Bank remain near their 2006 level despite a privatisation-driven rally. Fairfax Financial has agreed to buy a 60.72% stake for about ₹53,000 cr, subject to regulatory approval. Analysts cite potential long-term benefits but warn of volatility, valuation risks and need for stronger earnings.

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