‘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
Nirmala Sitharaman and Rahul Gandhi
FinMin defends IDBI Bank stake sale valuation, says panel discretion raised deal value by Rs 3,917 crore Moneycontrol.comIDBI Bank employees' forum opposes majority stake sale to Fairfax, seeks parliamentary review The Economic TimesRahul Gandhi backs IDBI Bank staff, questions Fairfax privatisation Business StandardSCAM ALERT: Rules Inverted, Valuations Slashed: Inside the ₹81-a-Share Deal that Handed IDBI Bank to Fairfax Gujarat SamacharIDBI Bank Sale: A Public Asset Deserves Competitive Bidding, Not Throwaway Price The Quint
The Chamber of Trade and Industry has asked Rahul Gandhi for a meeting before the opposition’s planned Ramlila Maidan rally, warning it could disrupt 20 nearby markets and cause losses of up to ₹10,000 crore ahead of Diwali.
Why Delhi Traders Want Rahul Gandhi’s November 1 Rally Shifted From Ramlila Maidan
The Indian government confirmed that the 0.4% merchant discount rate (MDR) on person‑to‑business UPI transactions above Rs 2,000 will remain in place and will not be withdrawn, despite opposition criticism and a pending Supreme Court challenge. The fee, set to start on October 15, will be capped at Rs 300 for payments of Rs 75,000 or more, while person‑to‑person transfers stay free.
