India-USA
"What's the hurry?": BRS questions IDBI Bank valuation, seeks answers from Centre over proposed sale
TL;DR
- K T Rama Rao raised concerns regarding the proposed sale of IDBI Bank to Fairfax Financial Holdings. He highlighted potential undervaluation and transparency issues in the bidding process. Rao questioned the assessment of the bank's prime real estate assets in Hyderabad.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Oct 31, 2026 · Updated 10/31/2026, 5:58:38 AM · Reported with: The Economic Times NRI
Sources (1)
NRI Bytes writes its own articles from the reporting below.
The Economic Times NRI — "What's the hurry?": BRS questions IDBI Bank valuation, seeks answers from Centre over proposed saleUp next · India-USA
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