Business & Economy · The Hindu · Business
Largest-ever FDI in India’s financial sector: Cabinet approves sale of IDBI Bank to Fairfax for ₹52,878 crore
Source brief · The publisher’s headline and teaser, with a link to its report.
From The Hindu · Business
With the sale, the government’s stake in the bank will fall to 15% and Life Insurance Corporation’s (LIC) stake will come down to 19%
Behind this report
- News desk
- Business & Economy
- Published
- 2026-10-17T18:45:00.000Z
- Linked source records
- 1
The available source material is a short summary. Check the linked reports for the full detail.
Sources and further reading
- The Hindu · Business — Largest-ever FDI in India’s financial sector: Cabinet approves sale of IDBI Bank to Fairfax for ₹52,878 crore