SEO URLwww.firestrike.ai/deals/idbi-bank-kotak-mahindra-bank-acquisition-2026
acquisitionAnnounced · Mar 10, 2026BankingSource · CredibleArticle · Factual
Kotak Mahindra Bank acquires IDBI Bank
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
—
Target
IDBI Bank
BSE: 500116 · Mumbai, Maharashtra
Acquirer
Kotak Mahindra Bank
Full Acquisition
Status
Pending
Kotak Mahindra Bank agreed to acquire IDBI Bank. Reported deal value: Undisclosed. Status: Pending. Sector: Banking. Target headquarters context: Mumbai, Maharashtra, India.
This page summarizes publicly available information about the transaction as of 2026-03-10. Figures and status may change as filings and press coverage update.
Kotak Mahindra Bank is evaluating potential acquisitions as it looks to deploy excess capital and expand its presence amid increasing consolidation in India financial sector, as per a report by Bloomberg
Deal timeline
Announced
Mar 10, 2026 · storyboard18.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Banking. Figures and status may change as sources update.
Sources: storyboard18.com · Primary article · FireStrike proprietary index