Business

India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada's Fairfax

CNBC · October 15, 2026 at 2:12 AM

The Indian government has been divesting its stake in several state-owned companies this year as it tries to keep its growth engine running amid deepening fiscal pressures.

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India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada's Fairfax

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