Disastrous Q3: IDBI Bank

IDBI Bank can report horrible  nos for Q3:

As against NP of 296 cr in H1, *Q3 LOSS can be in 4 digits*

1) We fear heavy slippages and NPAs from some big accounts

2) Expected recovery of NPAs didn't materialize

3) Big rise in costs due to demonetization

4) In fact, situation is so precarious that bank may come under PCA ( under supervision of RBI) as *CAR may fall below 9%*

5) Finally, expected part _disinvestment unlikely to happen in 2017 as institutions not satisfied/optimistic in due diligence_

Neither IFC nor ADB presently showing any interest to buy stake.
We can say that *part disinvestment is on back burner now*

Stock should fall