The long-delayed privatisation of Bank is witnessing renewed activity, with a fresh contender reportedly joining the race. According to a report by NDTV Profit, Kotak Mahindra Bank has expressed interest in acquiring a significant stake in the lender. The bank now appears alongside global investment firms Oaktree Capital and Fairfax, which were already seen as active suitors in earlier phases of the process. Advertisement

The NDTV Profit report highlights several challenges being examined by prospective bidders, the most significant being IDBI Bank’s sizeable market capitalisation, which is currently around Rs 1 lakh crore. Acquiring a 60 percent stake at this valuation would require large upfront capital, making it a tough deal for most investors to execute purely with cash. However, K

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