India Cabinet Approves 60.72% IDBI Bank Stake Sale to Fairfax for Rs 52,878 Crore
The Union Cabinet approved the strategic sale to Fairfax Financial Holdings.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
4 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
India Cabinet Approves Rs.52,878-Crore IDBI Bank Stake Sale to Fairfax
The government approved the sale of a combined 60.72% stake in IDBI Bank by the Centre and LIC to a Fairfax-backed entity for Rs.52,878 crore, the finance ministry said.
India Approves 60.72% IDBI Bank Stake Sale to Fairfax for Rs.52,877 Crore
India’s Cabinet Committee on Economic Affairs approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings for Rs.52,877 crore.
India Cabinet Approves IDBI Bank Stake Sale to Fairfax
The Union Cabinet approved the sale of a stake in IDBI Bank to Fairfax Financial Holdings for over ₹52,000 crore, according to the report.