Oct 31, 2026

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Rahul Gandhi questions IDBI Bank sale to Fairfax, Sitharaman accuses Congress of mismanagement

The proposed disinvestment of IDBI Bank has triggered a fresh political face-off between Congress leader Rahul Gandhi and Union Finance Minister Nirmala Sitharaman. While Gandhi has questioned the government's decision to sell its majority stake in the profitable public sector lender to Canada's Fairfax Financial Holdings, Sitharaman has defended the move, accusing previous Congress-led governments of political interference in banking operations and financial mismanagement.

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