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Fairfax is set to buy a 60.72% stake in IDBI Bank for Rs 52,875 crore in what could be the biggest deal in India's financial sector
By ScoutQuest · · 1 min read
- Stake being acquired
- 60.72 percent
- Deal value
- 52,875 crore rupees
Heard on business television between 16:15:04 - 16:18:04 IST.
- Fairfax to acquire 60.72% stake in IDBI Bank for Rs 52,875 crore
- Deal described as potentially the biggest yet in India's financial sector
- Deepam Secretary Arunish Chawla discussed terms of the deal with the channel's correspondent
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Source: Live TV News Channel · 15 Oct 2026
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