BusinessQuiet 11d · day 13
IDBI Bank employees strike against Fairfax acquisition
Indian lender's staff launched a two-day nationwide walkout to oppose the planned privatization sale.
What to know
- IDBI Bank employees launched a two-day nationwide strike on November 2, 2026 opposing privatization.
- The strike targets the planned sale of the public sector lender to Fairfax Financial Holdings Ltd.
- Striking workers are demanding the Indian federal government cancel the acquisition deal.
IDBI Bank Ltd. Indian public sector bank subject to acquisitionFairfax Financial Holdings Ltd. Proposed acquirer
How it unfolded 1 development · click the chart to see its coverage articlesposts
Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9Nov 10Nov 11yesterdaynow · 9:21 PM ET
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“IDBI Bank Ltd. employees started a two-day nationwide strike on Monday to protest against the planned privatization of the lender, calling on the federal government to scrap the sale to Fairfax Financial Holdings Ltd.”
— Bloomberg Markets · source -
4 outlets first by CNBC TV18, 11d ago · also Bloomberg Markets, Bloomberg, MSN · read ↗
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