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IDBI Bank sale: Employees to go on nationwide 2-day hunger strike on November 2, 3

The United Forum of IDBI Officers and Employees threatened to intensify agitation programmes with prolonged action, including indefinite strike without further notice, if demands are not met

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IDBI Bank Acquisition: This union, formed by the All India IDBI Officers Association and the All India Industrial Development Bank Employees Association, has demanded that the government stop the proposed sale.

The Union Cabinet has approved the sale of a majority stake in IDBI Bank to Canada's Fairfax Financial Holdings Group. IDBI employees have strongly opposed this. The central government has decided to sell a significant stake in IDBI Bank, which is owned by the central government. Following this, Canada's Fairfax Financial

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The Hindu Business Line broke the news in Chennai, India on Sunday, October 18, 2026.
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