IDBI BANK ; FAIRFAX TO PAY ₹81 PER SHARE FOR IDBI BANK

FAIRFAX TO ACQUIRE A 60.72% STAKE IN IDBI BANK FAIRFAX TO MAKE AN OPEN OFFER FOR IDBI BANK SHARES GOVERNMENT TO RETAIN A 15% STAKE IN IDBI BANK; LIC HOLDS 19% LIC TO CUT ITS IDBI BANK STAKE TO 15% FROM 19% OVER TWO YEARS LIC WILL GET ₹26,543.11 CR STAKE IN IDBI BANK FINANCE MINISTER SAYS BANK DIVESTMENT REFORMS WILL CONTINUE

IDBI BANK LIMITED

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