Government Weighs IDBI Bank OFS Route After Stalled Strategic Stake Sale
India’s privatization roadmap may take a new turn as authorities evaluate the possibility of an Offer for Sale (OFS) in IDBI Bank following challenges in executing a strategic stake sale. Policymakers had previously aimed to transfer majority ownership of the lender to a private investor, but the process has faced delays amid regulatory and market complexities. An OFS could provide an alternative path for reducing government ownership while maintaining market stability.