{
  "id": 9723635,
  "title": "Govt evaluating financial bids for strategic stake sale in IDBI Bank",
  "url": "https://urgent.news/2026/09/25/govt-evaluating-financial-bids-for-strategic-stake-sale-in-idbi-bank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T07:22:02.000Z",
  "source": {
    "name": "Business Standard IN",
    "slug": "business-standard-in",
    "url": "https://www.business-standard.com/companies/news/govt-evaluating-financial-bids-for-strategic-stake-sale-in-idbi-bank-126092500411_1.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Indian government is evaluating financial bids for the sale of a strategic stake in IDBI Bank. Two bidders, Fairfax Financial Holdings and Emirates NBD, had submitted revised bids in July to buy 60.72 per cent in the bank.\n\nA nationwide bank strike is scheduled from September 28 to 30, called by the United Forum of Bank Unions. The strike may disrupt banking services during the critical month-end and half-year closing period.\n\nThe Federation of Karnataka Chambers of Commerce and Industry has expressed concerns that the strike could impact small and medium enterprises, as well as traders, who require financial predictability and business continuity.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Hindu",
        "title": "Bank strike will impact financial predictability, business continuity, say trade bodies",
        "url": "https://urgent.news/2026/09/24/bank-strike-will-impact-financial-predictability-business-continuity",
        "published": "2026-09-24T18:03:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}