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India’s IDBI Bank Employees Strike Over Fairfax Acquisition

Bloomberg Markets Monday 02 November 2026, 10:16 UTC By Siddhi Nayak 1 min read
Key Points

Deals India’s IDBI Bank Employees Strike Over Fairfax Acquisition 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. More than 10,000 staff across over 2,000 branches will participate in the agitation on Nov. 2 and Nov. 3, according to a statement by the United Forum of IDBI Officers & Employees posted on social media platform X.

Deals India’s IDBI Bank Employees Strike Over Fairfax Acquisition 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. More than 10,000 staff across over 2,000 branches will participate in the agitation on Nov. 2 and Nov. 3, according to a statement by the United Forum of IDBI Officers & Employees posted on social media platform X.
India (LOCATION) IDBI Bank Employees Strike (ORG) Fairfax Acquisition Deals India (ORG) Fairfax Acquisition (ORG) IDBI Bank Ltd. (ORG) Fairfax Financial Holdings Ltd. (ORG) the United Forum (ORG) IDBI Officers & Employees (ORG)
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