IDBI sale to Fairfax faces scrutiny over valuation changes, restricted bidding

Former Union secretary E.A.S. Sarma has sought an independent inquiry and parliamentary debate before government and LIC surrender control of the lender
Former Union secretary E.A.S. Sarma has sought an independent inquiry into IDBI Bank’s disinvestment, questioning valuation changes, restricted competition and transparency Fairfax’s proposed Rs 52,878 crore acquisition of a 60.72 per cent stake has ... [5792 chars]
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- Section
- Business
- First reported by
- National Herald
- Published
- Tuesday, 20 October 2026, 12:00 pm IST
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- One outlet so far
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