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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).

NDTV India 14/10/2026, 5:35:28 pm IST

Read the full report at NDTV India →

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 ISTOutletTheir 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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