SENSEX
NIFTY
GOLD
USD/INR

Weather

image 38    C

Economy News

The Economic Times

Economy / The Economic Times

details

India nears accepting sweetened Fairfax offer for IDBI Bank

India's government is nearing acceptance of Fairfax Financial's offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential transaction represents a significant government-backed disposal of a bank stake. Final approvals are still required from the Indian cabinet and RBI.

14 Jul 2026 9:36 am