ShowsThe government and LIC have part-sold their stake in IDBI Bank to Fairfax Financial Holdings in a ₹52,878-crore deal. The transaction marks a major shift in control of the bank, following years of financial troubles and a subsequent turnaround. However, the sale has triggered controversy over the valuation and alleged procedural irregularities. The Opposition and employee unions have raised concerns, while the government has defended the transaction. Published - November 04, 2026 09:08 pm IST
Watch: The ₹53,000 cr IDBI Bank deal: Did mega sell-off get valuation right? | Business Matters
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