Prem

[All India IDBI Officer's Association @saveidbibank64]

WE WILL FIGHT UNTIL THE PROPOSED SALE OF IDBI BANK IS ROLLED BACK!
Our National Asset. Our Pride. Our Responsibility.
WE WILL NEVER GIVE UP!
#BlackDiwaliForIDBI #RollBackIDBISale

[BW Businessworld @BWBusinessworld]

Fairfax Financial Holdings Limited is set to acquire 60.72% of IDBI Bank for ₹52,878 crore. But a key part of its funding plan raises a bigger question: could IDBI end up helping finance its own takeover?

In ‘Is Fairfax Buying IDBI With IDBI’s Own Money?’, Palak Shah examines Fairfax chairman Prem Watsa’s comments to investors about IDBI potentially buying stakes in Go Digit General, Go Digit Life and IIFL Capital at market prices.

Fairfax president Peter Clarke valued the contribution of these three businesses at approximately $3 billion around ₹28,300 crore, or 54% of the proposed acquisition price. Fairfax has included this contribution among the potential sources of funding for the IDBI deal.

The proposed transactions are not final and remain subject to regulatory approvals. But they raise important questions about independent valuations, RBI investment limits, the use of IDBI’s capital and the interests of its minority shareholders.

The central question is not just what Fairfax is buying, but who ultimately pays for it.

Read the full story on BW Businessworld.

https://t.co/8Ba7nLUyV3
By Palak Shah (@palakshahjourno )

Follow Daily Updates:
https://t.co/RYSCPjXvK6

Follow BW Businessworld ( @BWBusinessworld ) for more business insights.

@FFH_TO | Prem Watsa | @IDBI_Bank | Rakesh Sharma | Go Digit | @iiflcapital

@anuragbatrayo | @NFWarsia | Tanvie Ahuja

#IDBIBank #Fairfax #PremWatsa #GoDigit #IIFLCapital #Banking #MergersAndAcquisitions #CorporateGovernance #RelatedPartyTransactions #IndianBanking #MinorityShareholders #BWBusinessworld

[All India IDBI Officer's Association @saveidbibank64]

Millions of SC, ST, OBC, PwD & EWS families trusted your words, Modi Ji. Your guarantee gave them hope that their hard-earned rights would be protected.
Today, they are asking just one question:
WAS YOUR PROMISE ONLY FOR VOTES, OR WAS IT A COMMITMENT TO THE NATION?

Modi Ji, please don't let that trust be broken. Honour your guarantee. Protect reservation!
@narendramodi @PMOIndia
#RollBackIDBISale

[ßank Man🇮🇳 @PoltySeptic]

Just wait for Govt Change

#IDBISaleScam is bigger than 2G & Commonwealth Game.

There are so many Silent Scams are going on it will be unwrapped once this Govt change.
#RollbacksaleofIDBI

[ßank Man🇮🇳 @PoltySeptic]

Govt formed a high level committee for banking concern,banking goodness
Then Why Govt is allowing IDBI sale to foreign entity instead of merging with any other PSB for strengthening India's financial strength.

This High level committee must hear IDBI employees Voice for country concern.
See the Bank Profit for 2026👇
1. State Bank of IndiabSBI) ₹80,032 crore
2. Bank of Baroda ₹20,021 crore
3. Canara Bank ₹19,187 crore
4. Union Bank ₹18,697 crore
5. Punjab National Bank (PNB) ₹16,904 crore
6. Indian Bank ₹12,156 crore
7. Bank of India ₹10,527 crore
8. Bank of Maharashtra ₹7,019 crore
9. Indian Overseas Bank (IOB) ₹5,208 crore
10. Central Bank of India ₹4,369 crore
11. UCO Bank ₹2,768 crore
12. Punjab & Sind Bank ₹1,322 crore

Top 5 PSB contributing above 16K Cr &
#IDBIBank alone net profit is 9513 Cr which is higher than many banks.
So @FinMinIndia
Should consider below Formula of Merger and create Six Strong Banks in India.
Don't Privatize any Bank.
Make India & Indian Proud now not in 2047.
@PMOIndia
@FinMinIndia
@DFS_India
@RahulGandhi
#RollbacksaleofIDBI

[Press Trust of India @PTI_News]

VIDEO | Chennai, Tamil Nadu: AIBEA General Secretary CH Venkatachalam opposes the proposed majority stake sale in IDBI Bank, saying, "No public sector bank should be privatised; they are not contributing to the country's development."

(Full video available on PTI Videos - https://t.co/bIyFWTfmBd)

[All India IDBI Officers' Association @IdbiFor]

आदरणीय श्री @BhimArmyChief जी,

IDBI बैंक का निजीकरण केवल बैंक को बेचने का मामला नहीं है, बल्कि सामाजिक न्याय और आरक्षण के अधिकारों से भी जुड़ा एक गंभीर मुद्दा है।

31 मार्च 2026 के आंकड़ों के अनुसार, IDBI बैंक के कुल 20,693 अधिकारी एवं कर्मचारियों में:

🔹 SC – 14.84% (3,070 कर्मचारी)
🔹 ST – 5.87% (1,214 कर्मचारी)
🔹 OBC – 27.08% (5,604 कर्मचारी)
🔹 EWS – 3.89% (805 कर्मचारी)

यानी कुल 10,693 कर्मचारी (51.67%) आरक्षित वर्गों से आते हैं।

बैंक के निजीकरण और विदेशीकरण से इन कर्मचारियों के रोजगार एवं भविष्य पर गंभीर संकट पैदा हो सकता है। इतना ही नहीं, भविष्य में SC/ST/OBC वर्गों के युवाओं के लिए सार्वजनिक क्षेत्र की बैंकिंग में रोजगार और आरक्षण के अवसर भी प्रभावित हो सकते हैं।

आपसे विनम्र निवेदन है कि इस महत्वपूर्ण मुद्दे को अपने संगठन के माध्यम से सामाजिक न्याय एवं अधिकारिता मंत्रालय (@MSJEGOI) और जनजातीय कार्य मंत्रालय (@TribalAffairsIn) तक पहुँचाएं तथा IDBI बैंक के निजीकरण को रोकने के लिए आवाज उठाएं।

यह लड़ाई केवल 20,693 कर्मचारियों की नहीं, बल्कि सामाजिक न्याय, समान अवसर और आने वाली पीढ़ियों के भविष्य की भी है।

आपके समर्थन और हस्तक्षेप की अपेक्षा है।

#RollBackIDBISale #FairfaxGoBack

[Prem @Prem1221977]

@IdbiFor @BhimArmyChief @AzadSamajParty @FFH_TO @htTweets @TheLallantop @TheNewspinch @khurpenchh सार्वजनिक क्षेत्र के बैंकों का निजीकरण, SC/ST/OBC वर्ग के संवैधानिक आरक्षण को भी खत्म कर रहा है। आपसे निवेदन है कि मुनाफे में चल रहे IDBI बैंक को बचाने के लिए सहयोग दें ! @BhimArmyChief @RahulGandhi @INCIndia

[Prem @Prem1221977]

@Priyaa_Purohit Rahul ji

[Congress @INCIndia]

मोदी जी, डर गए क्या 🙃

[Rupesh Tripathi @itz_rupesh]

Constitutional reservations for SC, ST, OBC & EWS must be legally protected in any restructuring.
#RollBackIDBISale #StandWithIDBI
@IdbiFor @cpimspeak @FinMinIndia @INCIndia @RahulGandhi @ZeeNews @ndtv @TimesNow @NavbharatTimes @ETNOWlive @timesofindia .

[Tamal Bandyopadhyay @TamalBandyo]

https://t.co/GiDGK2uQdx

[Rupesh Tripathi @itz_rupesh]

A full Parliamentary Standing Committee review is essential to protect public assets and jobs!
#RollBackIDBISale #StandWithIDBI

@IdbiFor @cpimspeak @FinMinIndia @INCIndia @RahulGandhi @ZeeNews @ndtv @TimesNow @NavbharatTimes @ETNOWlive @timesofindia .

[Rupesh Tripathi @itz_rupesh]

"IDBI Bank's sale is one of the biggest scams in the history of India's asset sales."

- Subhash Chandra Garg
#RollBackIDBISale
#IDBISaleScam

[Prem @Prem1221977]

@CNBCTV18Live @YashJain88 LIC always wanted a banking license to boost its bancassurance. If that's the goal, why is LIC divesting instead of fully acquiring and running IDBI Bank? @LICIndiaForever

[CNBC-TV18 @CNBCTV18Live]

#2QWithCNBCTV18 | #LIC CEO & MD R Doraiswamy says the exclusive bancassurance partnership with #IDBIBank may not continue after its divestment, with other life insurers also expected to sell through the bank

He attributes slower APE growth to higher protection premiums and lower ULIP premiums, while expecting interest in ULIPs to revive as market volatility eases

[Dharmesh Dixit @theDDixit]

“This (IDBI) bid needs to be cancelled, because it causes a loss to the country." - Subhash Chandra Garg, former Finance Secretary, GoI.

#Video @Subhashgarg1960 has explained the scandal in the IDBI-Fairfax deal very clearly. 👇

His point is when you open a bid that is below the earlier reserve, reject it, then reopen only to the same parties and only then produce a new lower valuation that the known bid comfortably clears, the process no longer looks like a genuine competitive price discovery exercise. That is why an expert like him is calling it scandalous and demanding the deal be cancelled and redone properly.

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

IDBI BANK'S OWN CAPITAL TO FINANCE ITS OWN TAKEOVER?

Is this the model of disinvestment being pursued by the @BJP4India Government????

If IDBI Bank's own capital is being used to facilitate its acquisition by Fairfax, serious questions arise about the fairness, transparency and public interest behind the proposed sale.

Why should a public institution's own financial strength become a means to transfer its ownership into private hands?

IDBI Bank was built with public money, strengthened by the hard work of its employees and trusted by millions of Indians.

IDBI Bank is not for sale. Public money must serve the public, not facilitate private ownership!

✊ STOP IDBI PRIVATISATION!

#SaveIDBI #StopPrivatisation #IDBINotForSale #BankBachaoDeshBachao
#RollBackIDBISale

[All India IDBI Officer's Association @saveidbibank64]

@SecyDIPAM

Reminder-10
@palakshahjourno @suchetadalal @ravish_journo @RahulGandhi @nsitharaman @DFS_India @NH_India
@timesofindia
#RollBackIDBISale

[Prem @Prem1221977]

@RahulGandhi

[All India IDBI Officer's Association @saveidbibank64]

If the proposed sale of IDBI Bank is in the public interest, why hesitate to face an open debate?@SecyDIPAM
We openly challenge the DIPAM Secretary and Government representatives to come face-to-face with IDBI Bank Unions on a LIVE public platform.
@palakshahjourno @suchetadalal @ravish_journo @palkisu @TimesNow