neutral
4 days agoJefferies outlines possible Kotak–IDBI merger paths under review

Brokerage firm Jefferies modelled potential merger between Kotak Mahindra Bank and IDBI Bank under two options: a share-swap, issuing ~516 million new Kotak shares causing ~21% dilution or a cash-funded deal which could create goodwill of ₹21,900–₹48,200 crore depending on structure. The note highlighted integration, regulatory and deposit-base risks if the merger proceeds.
Companies:
- Kotak Mahindra Bank
- IDBI Bank
Tags:
- kotak
- idbi
neutral
4 days agoJefferies outlines possible Kotak–IDBI merger paths under review

Brokerage firm Jefferies modelled potential merger between Kotak Mahindra Bank and IDBI Bank under two options: a share-swap, issuing ~516 million new Kotak shares causing ~21% dilution or a cash-funded deal which could create goodwill of ₹21,900–₹48,200 crore depending on structure. The note highlighted integration, regulatory and deposit-base risks if the merger proceeds.
Companies:
- Kotak Mahindra Bank
- IDBI Bank
Tags:
- kotak
- idbi
1 min read
53 words

Jefferies detailed share-swap and cash-funded merger scenarios for Kotak and IDBI, estimating dilution and goodwill but stressing integration and regulatory risks.
Brokerage firm Jefferies modelled potential merger between Kotak Mahindra Bank and IDBI Bank under two options: a share-swap, issuing ~516 million new Kotak shares causing ~21% dilution or a cash-funded deal which could create goodwill of ₹21,900–₹48,200 crore depending on structure. The note highlighted integration, regulatory and deposit-base risks if the merger proceeds.

Brokerage firm Jefferies modelled potential merger between Kotak Mahindra Bank and IDBI Bank under two options: a share-swap, issuing ~516 million new Kotak shares causing ~21% dilution or a cash-funded deal which could create goodwill of ₹21,900–₹48,200 crore depending on structure. The note highlighted integration, regulatory and deposit-base risks if the merger proceeds.
Companies:
- Kotak Mahindra Bank
- IDBI Bank
Tags:
- kotak
- idbi
- kotak
- idbi
- merger
- banking
Nov 28, 2025 • 17:03