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The proposed sale of a combined 60.72% stake held by the government and Life Insurance Corporation of India (LIC) would transfer control of the lender to Fairfax. File. | Photo Credit: Reuters The Cabinet on Wednesday (October 14, 2026) approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings for ₹52,878…
This is the second time that the interested bidders have put in financial bids for buying stake in IDBI Bank. File. | Photo Credit: Reuters The government is evaluating the financial bids for strategic stake sale in IDBI Bank and the process is moving at a steady pace, government sources said on Friday (September 25,…
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