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business

Public banks not assets to be sold off, they are tools to build nation: Rahul amid IDBI bank sale row

The Hindu NationalBy The Hindu National
30 Oct 2026
Original: English
AI Synopsis & Key Briefing

‘I took that question to the Lok Sabha. I asked why a profitable public bank was being sold and how its employees and depositors would be protected. The government gave no reason. Now it has decided to sell IDBI Bank to Fairfax, a Canadian company,’ says Rahul Gandhi

Key Highlights & Official Takeaways
  • ✓‘I took that question to the Lok Sabha.
  • ✓I asked why a profitable public bank was being sold and how its employees and depositors would be protected.
  • ✓Civic Domain: Categorized under business public notices.
Comprehensive News & Policy Report

‘I took that question to the Lok Sabha. I asked why a profitable public bank was being sold and how its employees and depositors would be protected. The government gave no reason. Now it has decided to sell IDBI Bank to Fairfax, a Canadian company,’ says Rahul Gandhi

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Official Notice Specification
Issuing AuthorityThe Hindu National
Topic CategoryBUSINESS
JurisdictionAll India / National
Publication Date30 October 2026
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Official Source Attribution: The Hindu National
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