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Cabinet Approves IDBI Bank Stake Sale To Fairfax For Rs 52,878 Crore; FM Calls It Strategic Restructuring

Published 14 Oct 2026, 17:32 IST

RSS excerpt

Fairfax's winning bid for IDBI Bank has been fixed at Rs 81 per share, above the benchmark price of Rs 75.99 per share determined using two independent valuations.

✦ Single Source 1 news outlet reporting

Fact-Check & Bias Analysis

Reported by a single newsroom so far. Other outlets have not independently corroborated this story yet.

Coverage Bias Distribution

Based on 1 reporting publisher

R 100%

Left / Center-Left 0 (0%)

Center 0 (0%)

Center-Right / Right 1 (100%)

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