IDBI Bank Stake Sale: Fairfax and Kotak Move Ahead in Race for 60.72% Acquisition
The mood around IDBI Bank turned energetic as the stock jumped over 4% after reports confirmed that Fairfax Financial and Kotak Mahindra Bank are moving forward in the race to acquire a 60.72% stake in the lender. With the Indian stock market closely tracking large divestment developments, the ID...
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