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Centre nears accepting sweetened Fairfax offer for IDBI Bank: Report
in5points
The Centre is nearing acceptance of a sweetened offer from Fairfax for IDBI Bank.
A successful transaction would be the biggest government-backed disposal of a majority stake in a domestic bank in years.
The deal involves the government selling its majority stake in IDBI Bank to Fairfax.
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Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
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