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5 hours ago

Fairfax to acquire IDBI Bank stake in $5.5 billion deal, biggest foreign investment in Indian bank

Fairfax to acquire IDBI Bank stake in $5.5 billion deal, biggest foreign investment in Indian bank

Mumbai: The government has finalised Fairfax Holdings for the sale of its stake in IDBI Bank after the Canadian firm sweetened its offer, people aware of the development said. The decision was made Tuesday after meetings at the finance ministry.... Read more.

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