Shares of IDBI Bank surged 9% before the announcement on Wednesday (October 14), adding ₹8,086 crore to its market valuation. | Photo Credit: Reuters Shares of IDBI Bank fell 7.5%…
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What are the details of the government’s sale of IDBI | Explained
The story so far: The Union Cabinet has approved the sale of IDBI Bank to Canadian company Fairfax Financial Services, marking the largest foreign direct investment in the financial services…