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Cabinet approves Fairfax’s ₹52,878-crore bid for IDBI Bank; largest FDI ever in India’s financial sector

This brings to a close a process that has stretched over five years, marking a significant step in the government’s efforts to reduce its ownership of state-run assets and attract private capital into the financial sector.

Source: The Hindu Business (English)

Read full article on The Hindu Business (English)

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