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Keep up disinvestment momentum provided by IDBI bank stake sale
With Canada-based Fairfax Financial Holdings, founded by Indian-origin billionaire Prem Watsa, receiving Cabinet approval to acquire a controlling stake in IDBI Bank, the government has brought a long-pending strategic disinvestment process closer to completion. Initiated in 2022, the transaction signals that the government has not abandoned its disinvestment agenda despite delays in completing…
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