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First reported by thehindubusinessline.com
India receives revised bids from Fairfax, Emirates NBD for IDBI Bank stake sale

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

Fairfax Holdings aims to secure a major stake in IDBI Bank through an improved offer. The collaboration with the government and LIC is set to yield about fifty-three thousand crore rupees from their…

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2d agoen

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