World AffairsNDTV•1 min read•10/14/2026 (1h ago)

Centre Approves 60.72% Stake Sale In IDBI Bank To Fairfax For Rs 52,878 Crore

Centre Approves 60.72% Stake Sale In IDBI Bank To Fairfax For Rs 52,878 Crore
60-Word AI Digest

The 60.72 per cent stake being acquired by Fairfax will comprise a 30.48 per cent holding of the government and a 30.24 per cent stake held by the Life Insurance Corporation of India (LIC).

Key Takeaways

  • Centre Approves 60.72% Stake Sale In IDBI Bank To Fairfax For Rs 52,878 Crore
  • The 60.72 per cent stake being acquired by Fairfax will comprise a 30.48 per cent holding of the government and a 30.24 per cent stake held by the Life Insurance Corporation of India (LIC).
  • Click full coverage link below for the complete official dispatch.

The 60.72 per cent stake being acquired by Fairfax will comprise a 30.48 per cent holding of the government and a 30.24 per cent stake held by the Life Insurance Corporation of India (LIC).

Original Publisher Attribution

This summary was curated from NDTV.

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Centre Approves 60.72% Stake Sale In IDBI Bank To Fairfax For Rs 52,878 Crore — Loop60