IDBI Bank employees' forum opposes Fairfax stake sale, seeks parliamentary review
Politics The Economic Times 2 days ago

IDBI Bank employees' forum opposes Fairfax stake sale, seeks parliamentary review

Writing the AI summary…

The United Forum of IDBI Officers and Employees has opposed the planned sale of IDBI Bank's majority stake. They have requested an immediate suspension of the sale process due to market volatility. The forum argues that the decision lacks adequate justification and transparency. They are calling for a comprehensive review under parliamentary scrutiny, emphasizing the need for caution.

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