muddada mayur

[Phanindra Rao Nooli @HisXLNCY]

#RollBackIDBISale

[Kanal Banking @kanalmedia23]

AIBOA Raises Questions Over Fairfax Group's Board Associations in IDBI Bank Stake Sale, Calls for ‘Fairfax Go Back’

Read More: https://t.co/5g8CWNxG7c

The All India Bank Officers’ Association (AIBOA) has raised concerns over the proposed sale of IDBI Bank to the Fairfax Group, drawing attention to the professional associations and appointments of several individuals linked to the group's board and associated institutions. The association called for continued mobilisation against the proposed transaction under its campaign slogan, ‘Fairfax Go Back’.

#IDBI #IDBIBankEmployeesOnStrike #IDBIBankIsNotForSale

[Ashasindhu @Ashasindhu]

Yesterday's demonstrations held at different locations of Kerala apart from Hunger Dharna at Kochi, Kerala 🚩🚩
#RollBackIDBISale

[All India IDBI Officer's Association @saveidbibank64]

Strong solidarity with the IDBI movement!
Com. Y. R. Rao, Divisional Union Secretary, LIC Employees’ Union, Nagpur, addressing the gathering and extending support to the fight against IDBI Bank privatisation.
#RollbackIDBISale
@RahulGandhi @suchetadalal @palakshahjourno @ravish_journo @Subhashgarg1960

[All India IDBI Officer's Association @saveidbibank64]

@SecyDIPAM

Reminder-9

@palakshahjourno @suchetadalal @ravish_journo @RahulGandhi @nsitharaman @DFS_India @NH_India
@timesofindia
#RollBackIDBISale

[IDBI Bank Officer's Association-BIHAR & JHARKHAND @AIIDBIOA_BIHAR]

IDBI BANK IS FINANCIALLY STRONG – THEN WHY PRIVATISE BY @BJP4India GOVERNMENT ??????

IDBI Bank's financial performance speaks for itself.

📊 Key Financial Indicators:

- CRAR: 27.10%
- Gross NPA: 2.12%
- Net NPA: Just 0.17%
- Provision Coverage Ratio: 99.24%
- CASA Ratio: 43.82%
- Net Interest Margin: 4.11%
- Q2 FY27 Net Profit: ₹2,205 Crore

These figures reflect the hard work of IDBI employees and the bank's financial strength.

A profitable, financially strong bank should be strengthened, not sold!

Public money, public trust and public service must not be sacrificed for privatisation.

Our demand is clear: ROLL BACK IDBI BANK PRIVATISATION! Keep IDBI Bank in the public sector!

#RollBackIDBISale #IDBINotForSale #SaveIDBI #StopPrivatisation #BankBachaoDeshBachao

[RollBackIDBISale @AnoopNi67577629]

IDBI BANK'S PERFORMANCE SPEAKS FOR ITSELF!

Look at the last five years of IDBI Bank's net profit:

2021–22: ₹2,439 Crore
2022–23: ₹3,645 Crore
2023–24: ₹5,634 Crore
2024–25: ₹7,515 Crore
2025–26: ₹9,513 Crore

In just five years, IDBI Bank has nearly quadrupled its annual net profit!

If a bank is growing, becoming profitable and strengthening its financial position, why privatise it?

Who deserves the credit? The dedicated officers and employees whose hard work transformed this institution.

IDBI Bank is not just a financial asset to be sold. It is a national institution built on public trust and years of service.

DON'T SELL A SUCCESS STORY. PROTECT IT!

✊ SAVE IDBI BANK!
✊ STOP PRIVATISATION!

#IDBINotForSale #SaveIDBI #StopPrivatisation #BankBachaoDeshBachao
#RollBackIDBISale

[Vithal Koteswara Rao A.V. @Vithal_AIIDBIOA]

STOP Privatisation and Foreignisation of IDBI BANK

बैंकों का निजीकरण राष्ट्रहित के विरुद्ध है

@nsitharaman @DFS_India @FinMinIndia
@SecyDIPAM @IdbiFor @IDBI_Bank @RBI
@saveidbibank64 @PMOIndia @narendramodi

#IDBISaleScam
#RollbackIDBIsale

[All India IDBI Officer's Association @saveidbibank64]

Former Finance Secretary of India, Shri Subhash Chandra Garg, IAS, speaks out on the proposed privatisation of IDBI Bank.
His views deserve serious attention. The fight to protect IDBI is a fight for public interest, social justice and employees' rights.
#RollbackIDBISale
@Subhashgarg1960
VC : @thewire_in

[All India IDBI Officer's Association @saveidbibank64]

Roaring loud! Team Ahmedabad & Team Delhi stand united against IDBI privatisation.

One voice. One fight. One mission – Save IDBI!
@PMOIndia @SecyDIPAM @DFS_India
@nsitharaman @suchetadalal @palakshahjourno @ravish_journo
@Subhashgarg1960 @RahulGandhi
#RollBackIDBISale
#RahulGandhi

[IDBI Bank Officer's Association-BIHAR & JHARKHAND @AIIDBIOA_BIHAR]

Open Debet Challange to Modi Ji

#RollBackIDBISale

https://t.co/bqX14YJm4i

[Little star Shyam @shyam_little]

"They take money from our bank and buy our bank itself. What a ridiculous joke! Shame on the government." #RollBackIDBISale #SaveIDBIBank #GOBACKFAIRFAX @saveidbibank64 @DFS_India @SecyDIPAM @RBI @PMOIndia @nsitharamanoffc @nsitharaman @nikhil_pruthi

[Raghuram G Rajan parody @raghuramrrajann]

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.

[Kanal Banking @kanalmedia23]

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

[Stand With IDBI @RajKumar0582]

निजीकरण धोखा है धोखा है

Roll Back Sale of IDBI

Stop Sale of IDBI

#StandWithIDBI #SaveIDBIBank #NationalAssetsarenotforSale
@Vithal_AIIDBIOA @AIIDBIOA_BIHAR @ajitanjum @aiboc_in @IdbiFor @saveidbibank64 @aiboc_in @AIBOAOFFICIAL @UFBUIndia @UFBUPUNE

[RollBackIDBISale @AnoopNi67577629]

IDBI BANK'S PERFORMANCE SPEAKS FOR ITSELF!

Look at the last five years of IDBI Bank's net profit:

2021–22: ₹2,439 Crore
2022–23: ₹3,645 Crore
2023–24: ₹5,634 Crore
2024–25: ₹7,515 Crore
2025–26: ₹9,513 Crore

In just five years, IDBI Bank has nearly quadrupled its annual net profit!

If a bank is growing, becoming profitable and strengthening its financial position, why privatise it?

Who deserves the credit? The dedicated officers and employees whose hard work transformed this institution.

IDBI Bank is not just a financial asset to be sold. It is a national institution built on public trust and years of service.

DON'T SELL A SUCCESS STORY. PROTECT IT!

✊ SAVE IDBI BANK!
✊ STOP PRIVATISATION!

#IDBINotForSale #SaveIDBI #StopPrivatisation #BankBachaoDeshBachao
#RollBackIDBISale

[All India IDBI Officer's Association @saveidbibank64]

#RollBackIDBISale
@NewIndianXpress
Heartfelt thanks to The New Indian Express for covering the IDBI Bank employees' nationwide protest and highlighting our fight against the proposed sale of IDBI Bank to a foreign private entity.

#RollBackIDBISale

[All India IDBI Officer's Association @saveidbibank64]

HYDERABAD TEAM IS ROARING!
The spirit of resistance is unstoppable!
Hyderabad comrades are raising their voices strongly against the privatisation of IDBI Bank.
Our Bank. Our Rights. Our Future.
United We Stand! #RollbackIDBISale
@RahulGandhi @suchetadalal
@palakshahjourno @ravish_journo

[Paranjoy Guha Thakurta @paranjoygt]

RETWEETED Supriya Shrinate @SupriyaShrinate
"The Leader of the Opposition, @RahulGandhi, has raised the issue of the dodgy sale of IDBI Bank. For anyone who needs a refresher on the IDBI Bank sale - which smacks of crony capitalism-read on.

▪️IDBI Bank was sold to Canada-based Fairfax Financial Holdings for Rs 52,878 crore at Rs 81 per share

▪️The sale happened after rules were changed mid-process and at a much lower price than the original reserve price of ₹94.42, which was discarded

▪️Initial sealed bids from Fairfax and another entity were below the minimum reserve price of Rs 94.42. Fairfax bids came at Rs 75

▪️Core Group of Secretaries on Disinvestment changed valuation method, asked Fairfax and another bidder to give new bids

▪️Fairfax revised bid to Rs 81 per share, still well below the original reserve price of Rs 94.42

▪️Modi govt accepted it and also gave some relief on disputed tax claims on IDBI Bank

▪️In January 2019, LIC infused Rs 21,624 crore in IDBI when the bank was placed under the RBI’s strict Prompt Corrective Action framework

▪️LIC’s investment was at an average of ~₹61 per share to acquire a 51% controlling stake

▪️Later that year, LIC pumped in another ₹4,743 crore

▪️LIC’s investment required a special exemption from IRDAI, because normal rules cap an insurer’s stake in a listed company at 15%

▪️Over ₹26,000 crore of policyholders’ savings was used and locked up for years to clean the balance sheet and rescue IDBI Bank, only so that it could be stealthily sold

▪️The govt and LIC have been reduced to minority holders with no board seats

▪️Modi Govt’s internal note says this sale was necessary because the govt is under fiscal stress due to high energy prices, lack of FDI inflows and the falling Rupee

▪️The justification for the change of rules and methodology was made by citing General Financial Rules for the sale of government physical assets (not shares)

▪️It cited the Railway Stores Code on auctioning scrap: "Bids lower than the reserve prices may, however, be accepted by the Depot Officer where found expedient provided the Depot Officer doing so records his reasons in writing."

▪️IDBI Bank’s Gross NPA was at 31.78% in September 2018. The bank posted losses for 13 consecutive quarters accumulating to about ₹41,800 crore

▪️IDBI Bank entered RBI’s PCA in May 2017 and exited PCA on 10 March 2021 after the December 2020 results showed a turnaround

▪️IDBI Bank’s
FY25 profit: ₹7,515 crore
FY26 profit: ₹9,513 crore•
Total business crossed ₹6.27 lakh crore by September 2026

▪️▪️But the questions that remain unanswered:

🔺Why did the govt change the bidding rules after shortlisting and opening sealed bids, without starting the process from scratch?

🔺New bidders might have wanted to participate under the changed rules, why were they denied a chance?

🔺Why was the second bidder’s identity kept hidden on national-security grounds?

🔺Why should policyholders’ savings be used to clean up assets which are then monetised and made to appear like a distress exit than a transparent market sale?

🔺Finally, why must a bank which has turned profitable be sold at much lower valuation - actually sold at all?

▪️▪️The IDBI sale proves yet again that public and policyholder money absorbs the losses, revives the asset which is then cleaned up and sold without transparency to a bidder of govt’s choice - keeping norms at bay and changing rules midway. It also raises the important question of why must an asset which has turned profitable be sold, especially at lower valuation?

Source: BusinessWorld’s investigative report by Palak Shah"

[akshay kumar @akshaykumar0406]

We strongly oppose privatisation of IDBI Bank #IDBISaleScam #IDBINotForSale #RollBackIDBISale #FairfaxGoBack #SaveIDBI