The successful bidder of IDBI Bank’s strategic restructuring, Canada Inc (parent entity Fairfax Financial Holdings Ltd) will not get ‘right of first refusal’ (ROFR) in any future sale of residual ...

The proposed sale of a majority stake in IDBI Bank to a Canadian buyer marks a significant change in the bank’s ownership. The deal has raised questions about what the transition could mean for ...

IDBI Bank falls 6.6%, paring previous session's gains India clears sale of 61% stake in IDBI Bank to Fairfax for $5.56 billion Fairfax to offer 81 rupees per share for IDBI Bank The stock was trading ...

Fairfax Financial Holdings Ltd. FFH-T is taking on another bank turnaround by acquiring control of India’s IDBI Bank for US$5.6-billion, the largest foreign investment ever made in the South Asian ...

According to government data, IDBI Bank's gross non-performing asset ratio declined from 31.78 percent in September 2018 to 2.32 percent in March 2026. IDBI Bank's journey from a crisis-ridden lender ...

Centre to raise Rs 88,000 crore via asset sales in FY27. Cabinet approves strategic restructuring of IDBI Bank. Govt and LIC to divest a combined 60.72% stake in IDBI. The Centre will raise Rs 88,000 ...

The proposed sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings’ parent entity, Canada Inc., for ₹52,878.08 crore marks a significant shift in the lender’s ownership. However, for ...

There is a scene near the end of the movie “A League of Their Own,” where league general manager Ira Lowenstein looks out from the stands behind home plate and breathes in his surroundings. After ...

The government is evaluating the financial bids for strategic stake sale in IDBI Bank and the process is moving at a steady pace, government sources said on Friday (September 25, 2026). In July, ...

30 years ago, an unknown "invasive alien species" appeared, bringing the world to the brink of ruin. Humans and the invasive species are fighting for dominion, and although humanity has now barely ...

The total U.S. government debt reached $40.05 trillion as of Tuesday, according to the Treasury Department. Treasury reported a $432.3 billion deficit in July — the highest monthly level in more than ...

India is close to accepting an offer from Fairfax Financial Holdings Ltd. for IDBI Bank Ltd., possibly at a slightly higher price, according to people with knowledge of the matter, in what could ...