@WamanCMeshram
An urgent appeal to all SC/ST/OBC/EWS/PwD associations and unions!
DIPAM's official clarification raises serious concerns about the future of reservation safeguards in IDBI Bank following privatisation.
This is not just an IDBI employees' issue; it concerns social justice and constitutional rights.
#RollBackIDBISale #ProtectReservation
IDBI Bank-Fairfax Deal: Employees Plan Next Phase of Agitation After Two-Day Nationwide Strike; Valuation Questions Remain
Read More: https://t.co/Uvxeqjx9Hc
The two-day nationwide strike by IDBI Bank employees against the proposed Fairfax deal has concluded, but the agitation is far from over.
UFIOE will meet on November 10 to decide its next course of action, including wider coordination with banking unions.
Meanwhile, questions over the ₹52,878-crore transaction, valuation process and employee safeguards remain.
What happens next in the IDBI Bank-Fairfax deal?
Report by @BodkeNeha@IdbiFor@saveidbibank64@IDBINotForSaIe@AIIDBIOA_BIHAR@IDBI_Bank@IDBIBankCares
#IDBIBank #BankPrivatisation
"
Don't eat onions, but happily swallow ₹28,000 Cr of banking gymnastics!"
While everyday taxpayers are squeezed on every rupee, Fairfax is being allowed to loot IDBI’s own glovebox to pay for IDBI!
Selling national assets to bidders who bring zero net capital to the table is not disinvestment—it's daylight robbery. Answer the country, 🎪💸
@nsitharaman@DFS_India@SecyDIPAM
#RollbackIDBISale
IDBI’S OWN MONEY TO FUND ITS OWN TAKEOVER?
Fairfax reportedly plans to use ₹28,300 crore generated from IDBI’s asset transactions to finance its acquisition of IDBI Bank.
Is this genuine investment or a takeover funded by IDBI’s own resources?
Government must Answer
#RollBackIDBISale
First advised the IDBI Bank sale to Fairfax, then joined Fairfax as an advisor. What a career progression! From advising the sale to advising the buyer!
Conflict of interest? or just a coincidence? The public deserves answers!
@palakshahjourno@suchetadalal@mkvenu1@ravish_journo