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CCEA approves sale of 60.72% stake in IDBI Bank to Fairfax for ₹52,878 cr

Business Standard ·
CCEA approves sale of 60.72% stake in IDBI Bank to Fairfax for ₹52,878 cr

The government will sell a 30.48 per cent stake and LIC 30.24 per cent in IDBI Bank to Fairfax, in what will be the largest FDI in India's financial sector once completed.

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