IDBI Bank Divestment: Fairfax Deal Signals More PSU Bank Stake Sales And A Shift In Government Policy

IDBI Bank Divestment: Fairfax Deal Signals More PSU Bank Stake Sales And A Shift In Government Policy

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Shailendra Bhatnagar
  • Updated Oct 16, 2026 2:11 PM IST

The government's decision to divest its majority control in IDBI Bank in favour of Fairfax marks a significant development for India's banking sector and disinvestment strategy. Market expert Arun Kejriwal explains why the deal signals that policy paralysis may be easing, following years of banking reforms, capital infusion and efforts to control non-performing assets (NPAs). He also discusses the possibility of further stake sales in public sector banks as the government looks to meet its disinvestment targets and mobilise additional funds. Could these sales strengthen government finances amid rising crude oil prices? Like, Share, and Subscribe to our channel Business Today.

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