Tag: Government disinvestment
BANKING & FINANCE Govt Okays ₹52,878-Cr Sale Of 61% Stake In IDBI Bank To Fairfax Entity

The Union government has approved the sale of a combined 60.72% stake in IDBI Bank Ltd to Canada-based 10955230 Canada Inc., a parent entity of Fairfax Financial Holdings Ltd, for ₹52,878.08 crore, marking a major milestone in the bank’s privatisation process. The Cabinet Committee on Economic Affairs (CCEA), at its meeting on October 14, 2026, […]

CW Bureau · Oct 14, 2026
GENERAL GoI To Divest Up To 4% In IRFC Via Open Offer; Sets Floor Price Of ₹104

Retail and non-retail investors will closely track the share price movement of Indian Railway Finance Corporation (IRFC) over the next two trading sessions, as the Government of India launches an Offer for Sale (OFS) to divest up to 2% stake, with a green shoe option to sell an additional 2%. The floor price for the […]

CW Bureau · Feb 25, 2026