IDBI Bank drops after Fairfax buys controlling stake for $5.56 billion
15/10/2026 04:50
IDBI Bank drops after Fairfax buys controlling stake for $5.56 billion Oct 15 (Reuters) - Shares of IDBI Bank IDBI.NS fell nearly 3% on Thursday, a day after the Indian government approved the sale of a controlling stake in the lender to Fairfax Financial Holdings FFH.TO in a $5.56 billion deal.
(Reporting by Kashish Tandon in Bengaluru; Editing by Ronojoy Mazumdar)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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