India · English
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.
Read the full report at Business Standard →
How 4 newsrooms ran it
4 of our sources carried this story over 1.8 hours. Free Press Journal filed first, at 17:33 IST. The headlines below are each outlet's own wording, in the order they published.
| Time IST | Outlet | Their headline |
|---|---|---|
| 17:33 | Free Press Journal | Fairfax To Acquire 60.72% Stake In IDBI Bank For ₹52,878 Crore |
| 17:35 | NDTV India | Centre Approves 60.72% Stake Sale In IDBI Bank To Fairfax For Rs 52,878 Crore |
| 17:52 | Business Standard | CCEA approves sale of 60.72% stake in IDBI Bank to Fairfax for ₹52,878 cr |
| 19:23 | Zee News India | IDBI Bank stake sale: Govt approves Rs 52,878 crore Fairfax deal, retains 15% stake |
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