'IDBI Bank Was Handed To Us In Poor Shape': FM Sitharaman Hits Back At Rahul Gandhi Over Congress-Era Bad Loans
IDBI Bank is in focus.
· NDTV Profit
Finance Minister Nirmala Sitharaman accused the Congress of using banks to favour politically connected businesses, saying bad loans to companies such as Videocon, Winsome, ABG Shipyard and Kingfisher had left IDBI Bank in poor condition before the NDA government took charge.
The analysis
Against that, the stock is -0.3% on the day at ₹79.76, and has returned -4.9% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -4.9% over the same period, so IDBI Bank is running 0.0 points behind its peers.
For IDBI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- In focus: IDBI Bank (IDBI), in Banks.
- Over three months: IDBI Bank -4.9% against Banks -4.9% (0.0 points behind).
- At least 25% below the 52-week high: IDBI Bank (31%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| IDBI BankIDBI · Banks | ₹79.76 | -0.3% | -4.0% | -4.9% | -31.2% | 0.3× | — |
Banks
1M -0.9% · 3M -4.9%
IDBI Bank
Prices as of 30 Oct 2026, 14:01 IST. Sector moves are the average of the stocks we track in each sector.
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