- The proposed sale of a 60.72% stake in IDBI Bank to Fairfax Financial for ₹26,544 crore is expected to take India’s disinvestment proceeds in 2026–27 to ₹82,301 crore, exceeding the annual target of ₹80,000 crore.
- Government policy on disinvestment consists of; Strategic Disinvestment/ Privatisation and Minority Stake Sale in CPSEs.
- Strategic disinvestment implies the entire or substantial sale of the government shareholding of a CPSE along with the transfer of management control. Read More
IDBI Bank Sale and India’s Disinvestment Strategy
Context
Disinvestment Policy of the Government of India