In this deal, every stakeholder is incurring loss and only the buyer is benefiting.
This is not a deal but a scam in which every stage is suspicious.
#RollBackIDBISale@the_hindu
Govt जितने पैसों में IDBI बैंक को बेच रही है, उतनी कमाई तो अगले 5 साल में हो सकती है।एक प्रॉफिट मेकिंग बैंक को औने पौने दाम पे बेचना ये दर्शाता है की इस सरकार के नियत में ही खोट है । बेचनी हो बैंक तो पहले बैंक बनाना सीखना चाहिए
#RollBackIDBISale#IDBINotForSale@ravish_journo
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
#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
In the latest episode, @bharatkk discusses the government and LIC’s partial stake sale in IDBI Bank to Fairfax Financial Holdings in a ₹52,878-crore deal. The transaction marks a major shift in the bank’s ownership following years of financial troubles and a subsequent turnaround. However, the deal has sparked controversy over its valuation and alleged procedural irregularities, with the Opposition and employee unions raising concerns even as the government defends the transaction.
Watch the full video here: https://t.co/yRW42Sowbp
A VOICE THAT DESERVES TO BE HEARD!
Former Finance Secretary of India, Shri Subhash Chandra Garg, IAS, shares his views on the proposed privatisation of IDBI Bank.
His perspective deserves serious attention and thoughtful consideration.
The issue goes far beyond the sale of a bank. It concerns public interest, social justice, financial inclusion and the future of thousands of dedicated employees who have served the nation.
IDBI Bank is not just a financial institution; it is a public asset built on people's trust.
Our demand is clear: Protect public interest, safeguard employees' rights and keep IDBI Bank in the public sector.
IDBI BANK IS FOR THE PEOPLE, NOT FOR SALE!
#SaveIDBI #IDBINotForSale #StopPrivatisation #BankBachaoDeshBachao
#RollBackIDBISale
@DFS_India@PMOIndia@FinMinIndia@SecyDIPAM@rashtrapatibhvn
Taai, rollback this Scam of privatization. Eat onions or not, we don't care. But selling nation's assets in the name of development isn't development, it's dalaali. #RollBackIDBISale#IDBINotForSale#IDBISaleScam
"
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
IDBI Bankers on the Street: Union Leaders Join Kanal's X Space Discussion Today at 8 PM
IDBI Bank employees have taken their protest to the streets, raising concerns over issues affecting the bank's workforce. What are the key demands of the employees? How has the management responded? What lies ahead for IDBI Bankers?
Our Speakers:
•Devidas Tuljapur – Convener, United Forum
•Vithal Koteswara Rao – General Secretary, AIIDBIOA
•Abhishek Shriwas – Vice President, AIIDBIOA
Date: 4 November (Wednesday) 2026
⏰ Time: 8:00 PM IST
📍 Platform: X Spaces
Join the conversation, hear directly from union leaders and share your views.
Follow us on https://t.co/SHr9lE9p01 for more updates
#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
No wonder why DIPAM and Central Govt were/are so keen to sell IDBI Bank. Shady backdoor deals are used to get pocketful/ powerful positions at the cost of Nation's loss...
#RollBackIDBISale#IDBISaleScam#IDBINotForSale#saveid
AIBOA exposes how several former public servants found positions in Fairfax Group companies after DIPAM announced the IDBI sale.
Match fixed, rate fixed, all norms relaxed? 😎
Can't allow India's financial system to be hijacked by foreign investment companies.
NO TO COLONIALISM 2.0 THROUGH THE FINANCIAL SYSTEM!
#FairfaxGoBack @SecyDIPAM@RahulGandhi@INCIndia@TheDeshBhakt@IndianExpress
IDBI's CRAR 26.65% vs HDFC Bank's 19.71% → that extra ~₹15,500 crore cushion, built with taxpayer & LIC money and five years of employee-earned profit, goes to the buyer at 1.56x book. A bonanza, not a bargain. #RollBackIDBISale
Little voices, a big appeal!
Dear @narendramodi Ji, please don't sell our IDBI Bank. Thousands of families and innocent children look towards you with hope.
Please protect IDBI Bank and safeguard their future.
#StandWithIDBI#RollBackIDBISale
1/ The IDBI Bank strategic sale raises serious questions about process integrity in the disposal of public assets. An internal DIPAM note, reported across outlets, describes a sequence that should concern anyone who cares about transparent valuation and fair competition.
'UFBU Stands with IDBI Bankers': C.H. Venkatachalam on Privatisation
Subscribe Channel and Watch More: https://t.co/vSHWGHjff7
C.H. Venkatachalam, General Secretary of the All India Bank Employees' Association (AIBEA), speaks on the proposed sale of IDBI Bank and the united struggle against bank privatisation. He highlights that bank employees have conducted 55 strikes over the last 35 years, which, according to him, have played a significant role in resisting bank privatisation. He calls upon all trade unions to unite and fight together in the interest of working people. He also reiterates that the United Forum of Bank Unions (UFBU) stands firmly with IDBI Bank employees in their fight against privatisation.
#StandWithIDBI #IDBIBankEmployeesOnStrike #HungerStrike #IDBINotForSell #banknews #aibea #aiidbioa
जब देश आजाद हुआ तो हमारे पूर्वजों ने आम नागरिकों तक सुविधाएं पहुंचाने की सोच रखी और फिर सरकार ने PSUs बनाए।
इन्हीं PSUs के दम पर कई काम हुए। PSUs की बदौलत ही डाकियों ने पोस्टकार्ड पहुंचाए, गांवों-कस्बों तक टेलीफोन और ट्रेनें पहुंचीं।
नेहरू जी के निधन के बाद लाल बहादुर शास्त्री जी ने देश की कमान संभाली और उन्होंने IDBI बैंक की स्थापना की।
IDBI की स्थापना का उद्देश्य था: छोटे-छोटे कारोबारियों को ऋण मिले, ताकि वे अच्छे से काम कर देश की तरक्की में योगदान दें।
: @shaktisinhgohil जी
📍 दिल्ली