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VERIFIEDMint Companies·neutral
India to give Canada's Fairfax two years to consolidate holdings for IDBI Bank deal
AI Summary
- ·India has granted Canada's Fairfax two years to consolidate holdings for the IDBI Bank deal.
- ·The sale of a majority stake in IDBI Bank is in its final stages.
- ·The government and Life Insurance Corp of India hold the majority stake in IDBI Bank.