# Idbi bank sale to fairfax approved

https://www.business-standard.com/industry/banking/idbi-bank-sale-to-fairfax-finmin-cites-2003-law-delhi-hc-judgment-126101700233_1.html

Cabinet approves IDBI Bank sale to Fairfax. Transaction valued at ₹53,000 crore. Based on 2003 law and 2018 Delhi HC judgment.

Image: https://bsmedia.business-standard.com/_media/bs/img/hp/home-page/2026-10/17/9343/full/1792050975-1583.jpg

#bank #sale #delhi #fairfax

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Created: 2026-10-29T12:38:19.415914+00:00

Last edited: 2026-10-29T12:38:19.415914+00:00

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Origin: Syndicated

Original source: https://www.business-standard.com/industry/banking/idbi-bank-sale-to-fairfax-finmin-cites-2003-law-delhi-hc-judgment-126101700233_1.html